One of our Presidential candidates is planning on offering a prize for new battery technology.
300 million (don't know what that is in conversion)
Sen. McCain offers $300 million prize for new auto battery - Yahoo! News
Quote:
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McCain said such a device should deliver power at 30 percent of current costs and have "the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars."
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Not sure what his chances are of becoming President here though.