Incentives To Improve Car Batteries
There have been several Front Range companies who have been trying for years to improve upon auto batteries. For them, John McCain’s offer of $300 million to the developer of the battery responsible for leapfrogging electric and hybrid vehicles was very enticing.
Allowing vehicles to run on batteries instead of engines would reduce the consumption of gasoline and cut down on our country’s oil dependency.
However, the batteries aren’t cheap. In fact, a lithium-ion battery is tens of thousands of dollars, and its technology hasn’t even debuted in a commercial car. This is why consumers may want to invest in a good auto warranty.
Even without McCain’s prize, there are plenty of incentives to improve batteries. People are already putting a great deal of money into researching and developing batteries because technology is in high demand.
However, the U.S. needs to urge for additional battery research because China, Korea, and Japan have already forged ahead.
With the improvement of battery technology, people will soon forget the days of dead batteries and calls for emergency roadside assistance. Instead, batteries will be associated with electric and hybrid cars.