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GM Ventures invests in battery-electric bus company Proterra

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a leading maker of battery-electric commercial transit buses. Proterra’s EcoRide BE-35 battery electric bus ( earlier post ) is averaging up to 24 mpg (diesel equivalent) in service, a more than 600% improvement over a typical diesel bus. near Clemson University International Center for Automotive Research. Proterra Inc.

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NYSERDA Commits $8M to Develop and Commercialize 19 New York Battery and Energy-Storage Technology Projects

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The awards are being made to companies and universities across New York that are involved in advanced research and development of energy storage applications that could benefit transportation, utility Smart Grid applications, renewable energy technologies, and other industries. Next-generation lithium-ion rechargeable batteries.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

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Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG). million will be fully electric, 1.5