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Altair Nanotechnologies, AES collaborate on energy storage products
After sinking $3 million into a company, what better to do than utilize the synergies and compliments between the two and crank out new products to better our lives? AES is apparently digging said mantra and looking to profit on its strategic investment in Altair Nanotechnologies by announcing a "joint development and equipment purchase agreement." Essentially, the two will reportedly work together to jointly "develop a suite of energy storage solutions," some of which are expected to deliver over 1MW of power and 500KWh of energy. Unsurprisingly, Altairnano is supposedly working with AES to apply these products and systems at "strategic points within the electrical grid to more efficiently deal with congestion, peak energy consumption, and real-time fluctuations in electricity demand." Interestingly, little is being said thus far about the actual design of the unit, but a prototype is slated to be completed by the year's end.[Via CNET]
UK's Lightning to build all-electric GT sports car
Adding its name to the ever-growing list of all-electric cars that never seem to seep onto lots is Lightning, which is apparently developing a 700bhp whip that unashamedly rips styling cues from quintessential British cars of the past and present. Designed to "compete with premium market sport cars," the GT is hoping to "combine high performance electric motive power with an advanced regenerative energy system that recharges the car's batteries under braking by capturing lost friction energy." Additionally, motorists can expect a sub-four second 0-60 time, and better yet, just a ten minute charge time to sustain a 250 mile range. As expected, Lightning would love to secure your deposit on the not-yet-launched car right now for a 2008 delivery, but we'd recommend checking with its shipping department before you place an order from outside of Britain.[Via Autoblog]
