Axeon awarded EU funding to reduce size, weight and cost of EV & hybrid vehicle batteries
Green Car Congress
APRIL 19, 2011
European Li-ion automotive battery supplier Axeon has been awarded research funding from the EU to reduce the weight, volume and cost of batteries in electric and hybrid vehicles as part of a €3.32-million Reduction in battery pack cost by 5%-10%. million (US$4.72-million) million) consortium program called SmartBatt.
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