Post Updated 10th Jan 2014
, University of Michigan Open New Battery Lab
A new $8 million battery lab at the University of Michigan will help develop Ford Car Batteries that are smaller, lighter and less expensive to make.
FORD TO INJECT MONEY INTO FOR BATTERY DEVELOPMENT
The University of Michigan will soon be setting up a new department, to study and develop new Ford Car Batteries, with the financial help of Fords .
The Ford Car Batteries will be developed for there longevity quality and their endurance
It is a known fact that the electric car has been a slow seller for the Ford Motor Company and it will also be important to develop a battery that is a cheap battery, it will be one of Fords priorities to bring down the price of these Ford Car Batteries.
Electric cars have been very slow to take off, reaching only 1% of the American car market in the year that’s just passed. The Hybrid cars (EV”S) a mix of petrol and battery power have fared better, taking up just 3% of the total market.
This in part is due to the high cost of these cars, due mainly to the lithium-ion batteries that are the main source of battery power at the present time.
With the help of a $5 mil grant this new university department is expected to develop a cheaper alternative battery ,that is hoped will bring down the cost of the Ford Car Batteries and the Ford electric cars.
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