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Chinese Company Says It Will Soon Cross $100 Battery Threshold, Slaying The Gasoline Car

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Envision Energy will produce batteries that cost $100 per kilowatt hour by 2020, founder and CEO Lei Zhang said at Stanford University, predicting the price will fall to $50 only five years later and end the reign of the internal combustion engine.

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$100 per kilowatt hour is a good thing?

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Indian ride-hailing company Ola invests $100 million in a scooter sharing startupIndian ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, the two companies said in a joint statement on Tuesday. 100 million rupiah? This is the dumbest idea... in the USA it will lose moola big time...... for that kind of money you could get everyone a car.....
Source: CNBC - 🏆 12. / 72 Read more »