Submission + - US Corps Want $1B from Govt For Battery Factory
tristanreid writes: The Wall St. Journal reports that a consortium of 14 U.S. technology companies will ask the Federal Govt for up to $1 billion for a plant to make advanced battery technology, as a part of the broad fiscal stimulus package that Pres. Elect Obama is planning.
The story quotes a report by Ralph Brodd, which suggests that while existing battery technology was developed in the U.S., the lead in development is now held in Asia.
From the WSJ story: "More than four dozen advanced battery factories are being built in China but none, currently, in the U.S."
The story quotes a report by Ralph Brodd, which suggests that while existing battery technology was developed in the U.S., the lead in development is now held in Asia.
From the WSJ story: "More than four dozen advanced battery factories are being built in China but none, currently, in the U.S."
