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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

Green Car Congress

The plant, to be based in Jacksonville, Florida, will manufacture batteries for a number of Saft’s existing markets (telecom back-up power, aviation and military), but most importantly, it will address the developing market for renewable energy storage. Saft will complete this investment in 2012.

Li-ion 170
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UK Technology Strategy Board Awards More Than 12M to 22 Projects to Speed Up Development of Low-Carbon Technology for Vehicles; Includes Gas Turbine Range Extender and Li-S Battery Cells

Green Car Congress

million) in 22 studies and projects to develop new technology that will speed up the reduction of CO 2 emissions from road vehicles. The investment will be made in sixteen proof of concept studies, which will last up to one year, and six longer-running full research and development projects.

Carbon 225
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UK Faraday Battery Challenge awards £23M to support development of electrified car batteries

Green Car Congress

Winners include: A Jaguar Land Rover-led project—LIBRIS (Lithium Ion Battery Research In Safety)—to maximize battery performance while maintaining safety. Jaguar Land Rover is leading a project to bring solid-state batteries much closer to market in future electric vehicles.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

A recent study by consulting firm McKinsey & Company asserts , "Advanced electrical and electronic (E/E) capabilities… and the ability to make design upgrades during the (EV) vehicle life cycle are becoming crucial to remain competitive, both in China and globally." Each option has its own strengths and weaknesses.