Friday, 22 August 2014
Last updated 1 hour 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.
Aug 4 2014 | 7:42am ET
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The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note