Envision Energy will produce batteries for $100 per kilowatt hour by 2020, the Shanghai company’s founder and CEO said at Stanford University, predicting the price will drop to $50 only five years later and end the reign of the internal-combustion engine. Envision’s analysts realized they could achieve these goals after the company purchased Nissan’s battery division earlier this year, CEO Lei Zhang said at Stanford University’s Global Energy Forum.
Chinese company says it will soon cross $100 battery threshold
More of Today's Solutions
Try this simple breathing exercise to rid yourself of cold hands and feet
Do you often find that your hands and feet are colder than the rest of your body? This can be perplexing, especially when gloves ...
Read MoreRoman jars reveal the secrets of ancient winemaking
Archaeologists are still putting the full story of human history together. From the discovery of a Viking shipyard in Sweden to the Sistine Chapel ...
Read MoreCancer detection breakthrough revealed via butterfly-inspired imaging
In the world of sensory perception, other creatures frequently outperform humans. A research team has created an imaging sensor that looks into the elusive ultraviolet ...
Read MoreAdvancements in vision restoration: CRISPR gives hope to patients
In a revolutionary development, CRISPR gene editing emerged as a beacon of hope for people suffering from genetic blindness. The results of a Phase ...
Read More
