IBM Wants to Build a Better Battery for Electric Vehicles (GOOG, IBM)
When Google Inc. (NASDAQ: GOOG) introduced its driverless car last year, many people wondered what that had to do with Internet search. More than two years ago, IBM Corp. (NYSE: IBM) established a research team to come up with better…
When Google Inc. (NASDAQ: GOOG) introduced its driverless car last year, many people wondered what that had to do with Internet search. More than two years ago, IBM Corp. (NYSE: IBM) established a research team to come up with better battery technology to power electric vehicles (EVs). That didn’t get as much attention as Google’s driverless car, but it’s just as unexpected.
The IBM team has attacked the EV problem primarily as one of range because that is the single biggest concern among potential buyers of EVs. IBM is developing a lithium-air battery that would be lighter than current lithium-ion batteries and have a 500-mile range.
The company has a five-minute video and more information here.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
