The Week in Electric Car News

Dow Chemical, Electrovaya, KD Advanced Battery, ExxonMobil are just some of the companies in the news this week reports this NY Times brief.

Published: 25-Jun-2009

BALTIMORE -- The speed at which the world embraces the electric car rests in its ability to build a better battery.

Several U.S. companies hope to race ahead of foreign rivals by using federal loans and grants to commercialize electric cars and lighter, longer-lasting batteries. But a Canadian company might get there first.

Mississauga, Ontario-based Electrovaya Inc. yesterday unveiled the Maya 300, a plug-in electric car that can get up to 120 miles on a charge of its lithium-ion battery. The Maya 300 charges in about eight hours, plugs into a regular household outlet and will be available to consumers within a year, promised Electrovaya Chairman and CEO Sankar Das Gupta, who unveiled a four-door version of the vehicle at the city's Inner Harbor.

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