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Germany bets millions in race for better battery, will likely lose

Nothing would cement electric vehicles into place as the future of transportation like a battery with the energy density to take you 5 times farther than they can today at a low price. To that end the German Ministry of Education and Research (BMBF) has just invested $28 million in a consortium led by BASF to produce and commercialize just such a battery. The group of companies, schools and Institutes, which includes notables like Volkswagen and the Fraunhofer Institute Itzehoe and operating under the appelation "HE-Lion", are ... Read more →

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