Prodded by China’s aggressive take-up of renewable energy, the Obama Administration has allocated $120 million for research that it hopes might keep it ahead of the global race for a better battery. The funding is for a five-year project that will be headquartered at the Argonne National Library to create more powerful transportation and stationary batteries. There are competing efforts from China, South Korea, Japan in Asia, as well as from France, Israel, and the United Kingdom. Current lithium-ion batteries are not cheap enough or do not offer enough storage to make electric vehicles competitive with internal combustion cars.
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