WE might be on the verge of a breakthrough in battery technology according to this latest article in Fortune:

Imagine an electric car that could travel more than 300 miles on a single charge. A pipe dream? Yes, for now. But a Michigan startup called Sakti3 just might make it a reality. In August the company announced that it was close to achieving the holy grail of power storage: a battery with about double the energy density of today’s lithium-ion technology at one-fifth the cost. Such a battery could give us the first $25,000 mass-market electric car, with a driving range that would please most customers.

You can watch the TED talk above as well by company CEO Dr. Ann Marie Sastry.

Range anxiety is a huge issue for electric cars, so new battery technology that extends the range for electric vehicles can be a game changer in the electric car consumer market. The innovation here is a solid-state lithium-ion battery. They expect the technology to be commercialized within a year or two. Let’s see if they achieve that goal.