“Consortium members read like a Who’s Who in technology research for the Battery 500 Project which aims to use nanotechnology to extend the range of all-electric cars 200 miles beyond the 300-mile range of gasoline powered cars. IBM, the University of California at Berkeley and all five of our US National Labs are collaborating to make the 500-mile electric car battery. Within two years, they promise to have a new kind of battery technology in place for the 500-mile electric car. If that happens, then I predict a mass exodus from gasoline to electric powered cars that will make the Toyota Prius look like a fad.”
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