Falling Lithium Ion Prices Could Spur EV Adoption

Remember when plasma TVs were $10,000?  Well, now they’re less than $400 – and that’s for a Panasonic 42″ model at Wal-Mart, not even a Chinese knockoff unknown brand.
Well, if a report from McKinsey released today (via Automotive News) is to be believed, we may see a similar price reduction in lithium ion battery technology, used in the newest hybrids and EVs.  And just as a $10,000 price tag on a plasma TV is a huge barrier to mainstream adoption and a $398 price tag inv…

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Breaking: Possibly Lithium Battery-Related Explosion at GM’s Warren Tech Facility Injures Two

In a developing story, an explosion at a lab facility on the campus of GM's Technical Center in Warren, which occurred at around 8:50 am Wednesday morning, has injured two people who were taken to the hospital for treatment. City of Warren Fire Chief Dave Frederick told the Associated Press that he is not aware of the details about the extent of their injuries. On GM's behalf, spokesman Mike Meyerand confirmed the explosion and said the only part of the tech facility that has been evacuated is …

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Explosion at GM Tech Center; lithium battery is the suspected cause

According to WWJ CBS Detroit, there was an explosion at the General Motors Tech Center in Warren, Mich., on Wednesday morning.

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