McCain: $300 Million for a Better EV Battery

By Marty Padgett June 23rd, 2008

Email this page to your friend:

Presidential candidate Sen. John McCain (R.-Ariz.) has a new gamble for the auto industry: a $300 million prize for the inventor of a new battery.

McCain's on the stump today in California, and the Associated Press reports he'll deliver a speech in which he lays out the ground rules for the prize. First, presumably, you have to elect him the 44th president of the United States. Next, you have to invent a battery that will make electric vehicles and plug-in hybrids more practical. Then, you get your money.

McCain's also said to make comments in the speech about fines for doing an end-run around CAFE legislation, and will promise incentives to use U.S.-produced as well as foreign-made ethanol.

I'll update you later today on his speech, but in the meantime, check out my six ways to cut gas prices forever.

UPDATE: Looks like the Detroit News got a peekers at the speech, too. Here's their take.

Posted in : Driving, Electric Cars, Politics |

Previous Post
2011 Volkswagen New Beetle: The...

Next Post
Mercedes-Benz Cuddles Up to the iPhone

2 Responses to “McCain: $300 Million for a Better EV Battery”

If I were McCain I’d go the DARPA route. The military’s new requirements for automonous vehicles would greatly benefit from improved battery tech. Funnel your government funding towards that and as an added benefit push some of the tech into the civilian sector. It’s worked several times before.

Obviuosly he doesn’t know about EEStor http://www.afstrinity.com which is a full size suv that gets150 mpg and also http://www.zenn.com which has out next fall 80 mph 250mpcharge with a recharge time of 5 minutes. It’s all about the nanotechnology called ultracapcitors. Sincerely DougMason/Seneca,Il.61360