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    lithium investing

    IBM on the Hunt to Perfect the Lithium-Air Car Battery

    Written by Investing News Network
    |
    Feb. 03, 2011 07:30PM PST

    NY Times reports that IBM has spent two and a half years researching lithium-air batteries, a technology that could eliminate the gap between gasoline cars and electric cars.

    NY Times reports that IBM has spent two and a half years researching lithium-air batteries, a technology that could eliminate the gap between gasoline cars and electric cars.

    The market news is quoted as saying:

    When asked why IBM is pursuing this research, Wilcke observed that the company doesn’t currently make its money in batteries: “We have the resources, we can think long-term.”

    Click here to access the entire news

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