Electric cars vs. biofuels: The presidential energy debate heats up
Drawing a sharp contrast with his Democratic rival, John McCain today assailed government subsidies for ethanol production and unveiled a set of proposals aimed at encouraging the development and mass adoption of electric vehicle technologies.
McCain would provide a $5,000 tax credit to consumers who buy zero-emissions vehicles and proportionately smaller tax credits for low-emissions vehicles, like hybrids. In addition, he said he would award a $300 million bounty for a car battery that can “leapfrog”… Continue Reading
Epyon raises funding to speed vehicle battery charging
Epyon, a developer and manufacturer of fast battery chargers for super-fast plug-in hybrid and full-electric vehicles, has raised a “multi-million” dollar venture round led by Chrysalix Energy.
Based in the Netherlands, Epyon’s chargers can supposedly reduce charging time to 10 to 15 minutes, versus five to 10 hours for current batteries.
The system also includes other components. The energy for charging is first stored up on-site to avoid overloading the electrical grid, which requires storage mediums like… Continue Reading