Stimulating America's Laggard Electric Car Battery Business

The country is behind when it comes to advanced vehicle batteries, but innovation and a little stimulus money could head off another OPEC scenario.

Published: 06-Feb-2009

NEW YORK -- There's a saying as the nation pushes for cleaner electric cars: The United States will end up trading dependence on Saudi oil for dependence on Asian batteries.

Most of the big players in advanced batteries - the ones used to power the cars of tomorrow - are from Japan, South Korea or China.

America's battery industry is in need of a shock. Enter Stimulus.

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