One, Two, Three Uses for A123's New Batteries: A123 Systems? (NASD:AONE) announcement of a new battery technolo...

One, Two, Three Uses for A123's New Batteries | Renewable Energy News Article

renewableenergyworld.com 26 Jun '12, 2pm

One, Two, Three Uses for A123's New Batteries: A123 Systems? (NASD:AONE) announcement of a new battery technolo...

Electric cars may be dreamy, but they are just one application of the technology. There are at least two more, with significant near term potential. 1. Is it really about electric vehicles (EVs)? Sure, it would be nice to be able to trim $600 of the price tag of a Tesla (NASD:TSLA ) Model S or a Nissan Leaf (NASD:NSANY), but how much difference would that make on a $58,000 or $36,000 car? It’s nothing compared to the federal $7,500 tax credit, and (surprise!) as EVs get cheaper, governments will become a lot less generous supporting them. Or such subsidies will be cut before the cars get cheaper, a real possibility in these budget-cutting times. We’ve seen it happen time and time again with solar and wind subsidies. Why should EVs be different? In short, A123′s new technology (which applies tweaks to the electrodes and electrolyte of lithium-iron phosphate batteries), may ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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