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GM to Improve Electric Vehicle Range

GM to Improve Electric Vehicle Range
by: Bruce Goodman of Varnum LLP  -  
Friday, September 28, 2012

Envia Systems of Newark, California, in collaboration with General Motors, has increased the amount of energy a lithium-ion battery can hold.  GM has stated it will take a vehicle up to 200 within a couple of years.  The new technology will cut battery costs in half.  GM Venture LLC invested $17 million in Envia in 2011.  "These little companies come out of nowhere, and surprise you," said GM's CEO Dan Akerson.

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