Monday, 28 July 2014
Last updated 8 hours ago
Sep 14 2009 | 9:19am ET
The UK Technology Strategy Board has awarded a grant of GBP 1.3 million ($2.1 million) to a consortium led by battery making Axeon, and including the engineering firm Ricardo and the niche vehicle manufacturer Allied Vehicles, to develop a lightweight battery for small electric city cars.
The battery, according to a Ricardo statement, will use new cell chemistry that offers higher energy density, and will be lighter, smaller and more efficient than those currently available, with faster charging and a greater range.
Over the next 22 months, Ricardo will develop the battery management system architecture and application software; Axeon will engineer and construct the battery system, perform cell testing for calibration and electronic system integration; and Allied Vehicles will design, build and test the vehicle platform.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…