TomHuffman
Active member
- Joined
- Jun 5, 2013
- Messages
- 40
This is really depressing news. Envia systems, the company most often touted as having a production-ready battery breakthrough, was essentially a fraud. Their battery used technology from other companies, some which was apparently stolen, and they were unable to reproduce the performance figures they originally announced with great fanfare. As a result, they lost their deal with GM. Read about it here.
http://gigaom.com/2013/12/03/court-documents-reveal-doe-backed-envia-isnt-the-breakthrough-battery-startup-it-appeared/" onclick="window.open(this.href);return false;
http://gigaom.com/2013/12/03/court-documents-reveal-doe-backed-envia-isnt-the-breakthrough-battery-startup-it-appeared/" onclick="window.open(this.href);return false;