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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 New York State Energy Research and Development Authority (NYSERDA) will award $8 million to help develop or commercialize 19 advanced energy storage projects. The 19 projects, which include two lithium-air efforts, will leverage $7.3 This will enable increased renewable-energy contributions to the grid. Murray, Jr.,

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GM Ventures invests in battery-electric bus company Proterra

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Using technology developed by Proterra, the lightweight, composite-body bus recharges in about 10 minutes. near Clemson University International Center for Automotive Research. Proterra Inc. was founded in 2004 and is currently manufacturing buses in a temporary plant in Greenville, S.C. later this year.

GM 225
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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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The study, a companion to one released in January 2009 that analyzed the technical and cost tradeoffs of competing alternative power-train technologies, addresses the two principal variables in BCG’s analysis of the developing market for electric cars: the technical attributes and the costs of lithium-ion batteries for electric-vehicle applications.