Sakti3, a University of
The company, whose investors include
"We don't believe there's anything outlandish about these projections at all," Sakti3 CEO
Sastry, a former U-M engineering professor, said the technology would be for sale within two years. Sakti3 intends to target wearable electronics before selling to automakers.
Sakti3 will partner with an unidentified manufacturer instead of investing in its own factory.
"This is not a case where it's an extremely expensive and hard-to-manage process," she said.
Improving the energy density of batteries and lowering their cost is crucial in making electric cars more affordable.
(c)2014 the Detroit Free Press
Visit the Detroit Free Press at www.freep.com
Distributed by MCT Information Services