The Electric Car Ecosystem

Jason Lee
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Battery Makers and Integrators + Battery Farmers

The undertaking of developing innovative designs to make car batteries cheaper, lighter, and more powerful will become a challenge as several companies and agencies compete to solidify their stake in the business. The winners will therefore becomes suppliers to the automakers, and there will be plenty of room to expand their businesses in the years ahead. So far, the U.S. Department of Energy is just one organization that is bestowing companies with grants to build a lithium-ion battery manufacturing facility.

Additionally, there will still be usefulness for old car batteries that can no longer store enough electricity to power an automobile. In an effort to keep the electric car industry green, companies will assemble with the purpose of collecting the old batteries, and work to connect them to sources of sustainable energy. The batteries will then be able to store the energy, and sell it to power companies and consumers. For example, a Japanese company called Yazaki has developed a new design for recharging electric cars, from virtually any wiring up to 240 volts.