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Daimler touting breakthrough in battery technology, increases R&D spending

Click on the image to view high-res shots of the Mercedes F700 concept As part of an annual meeting held in Berlin, Daimler CEO Dieter Zetsche says that the company will increase its R&D spending to $21 billion for the year 2010. A major part of those expenses will go towards alternative powerplants. Hydrogen and lithium ion batteries will make up a good chunk of these charges, and Zetsche claims that Daimler has made "a major breakthrough in battery technology." Regarding the heat generated by lithium ion batteries, Zetsche adds, "Daimler ... Read more →

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