30 Jul '17, 2am

@nntaleb saved this article, don't know if I believe the conspiracy on EV, but I don't doubt its possibility either

“Chevron controls the worldwide patent rights for NIMH batteries used in the RAV4-EV, and won’t allow their use in EVs.” Unfortunately, plug-in hybrids are forced to use lead-acid or lithium batteries, and it’s no accident. Electric car batteries must be able to put out enough power to run the EV without an engine, be able to “deep cycle” for acceptable range (over 100 miles on a charge), and must have long “cycle life” of at least 1000 to 2000 fill-ups (over 100,000 miles, and usually over 200,000 miles, before the batteries need replacement). > >> The existing and proven EV-95 NiMH battery from Panasonic, which lasts longer than the life of the car, has adequate power for acceleration without an Internal Combustion (“IC”) engine, and can drive an EV at 80 mph for up to 120 miles, went into production in Jan., 1997. These batteries are powerful enough to run an EV from st...

Full article: http://www.ev1.org/chevron.htm

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