MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
By Keith Bradsher, New York Times Business, May 29/30, 2012
HONG KONG — Four years ago, the BYD Company promoted the electric battery technology it was developing as a way to help China transform the automobile. No less an investor than Warren E. Buffett, one of the world’s richest men, boasted about the company’s prospects and bought a 10 percent stake.
But recently, nothing has gone right. BYD’s stock is down 43 percent from its high on Feb. 8 as investors and analysts have questioned whether the company has the technology or the manufacturing quality to be an enduring competitor in the Chinese market.
[....] BYD now accepts that the future of the auto industry is more likely to lie in hybrid gasoline-electric cars, a technology in which it lags Japanese manufacturers, and not in all-electric cars, which still face issues of battery range and recharging time. And on Sunday, new questions arose about the company’s battery technology when [....]
Comments
Even with their MIT-derived designs, battery manufacturer A123 has also been having problems. They seem to be tied to the fortunes of the Fisker Karma:
Captain Hybrid says battery development is just very hard:
by Donal on Wed, 05/30/2012 - 7:38am
battery development is just very hard
You betcha, and then the manufacturing is hard work too, even on a much lower level; a recent anecdote comes to mind. I have a DeWalt cordless drill just past warranty that I used maybe twice. One of the batteries just quit taking a charge (if you ever check out replacements for these things, they cost like more than half a new drill.) I happen to have a contractor working on something in my house, I saw his drill was the same, and mentioned to him how pissed I was about mine. He said "oh, that happens all the time, you often get a bad one, and other times they are strong, for example this replacement battery I just got is much better than one of them that came with the drill."
by artappraiser on Wed, 05/30/2012 - 11:25am