Covers Off Electric Cars

Automobile vendors are revving up to get their show on the road. The new device under the hood – lithium ion battery. Lithium stocks power ahead.

 

 

Battery swapping is in. Lithium-ion batteries, that is, with major automobile vendors revving up to get their show on the road.

Even as Britain, France and the US are offering substantial tax rebates to encourage more people to buy plug-in hybrid and electric cars, Renault-Nissan is considering leasing lithium batteries to reduce the up-front cost to buyers of its electric cars.

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