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Old 02-28-2012, 08:49 AM   #5 (permalink)
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We have been anticipating the "breakthrough" in battery technology for decades and billions in financing. I will follow this development closely, especially considering that they are promising a significant increase in energy density, while also promising a significant reduction in cost, the best of both worlds.

If this becomes reality, then the US govt should step in and make sure the availability of these batteries is universal and possibly with much of GM stock still owned by the govt, a deal could be struck that would allow GM to license the technology to everyone at a reasonable cost while lowering or eliminating their obligations to the govt.

regards
Mech
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