Friday, March 2, 2012

GM Backs Enevia Battery to Reduce Electric Vehicle Sticker Price


BAY CITY, Mich. March 2, 2012 – With gas prices on the rise again everyone is looking for ways to save at the pump.  Hybrids and electric vehicles are a great way to drastically improve fuel economy. However, some drivers don’t plan driving their driving a particular vehicle long enough to recoup the additional costs from their fuel savings. Envia Systems saw this challenge and stepped up to the plate to try and bring the electric vehicle sticker price down.

The California battery start-up company, Envia Systems, says that has achieved a tremendous breakthrough that could cut the price of electric vehicle batteries in half. Last year General Motors invested $7 million into Envia Systems. What makes the breakthrough announcement particularly interesting is that Envia says that it has verified with a U.S. Navy test center that the cells in their batteries have hit the highest energy density in any lithium-ion battery ever, about 400 Watt-hours per kilogram. That’s nearly 10 times as much energy weight as the 2012 Volt’s competitor, the Toyota Prius. 

With the Envia battery, the Chevy Volt's sticker price could be comparable to a regular midsized sedan
At 400 Watt-hours per kilogram, the price of a 300-mile range battery could be reduced by half. Envia says the science behind these batteries is ready for production and could be road ready in as little as three years. There are still a few bumps in the road to work out for Envia, but this breakthrough puts GM ahead of the curve.

Graff Chevrolet is proud to serve the auto dealership needs of cities such as Bay City, Midland, Saginaw, Mount Pleasant, Essexville, Pinconning, Coleman, Sanford, Carrollton, Frankenmuth, St. Charles, Birch Run, and Zilwaukee. We provide exceptional customer service, a warm and friendly environment, auto financing options to fit your budget, and an inventory of great new and used cars, trucks, SUV’s, and crossovers. Our ASE certified technicians at the Graff Chevrolet Service Center service and repair all makes and models both foreign and domestic. Call us at (989) 684-4411 or stop in at 3636 Wilder Road, Bay City, MI, 48706 and check out our great GM inventory selection.

Visit our website at www.graffbaycity.com

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