Wednesday, September 20, 2017

Schwarzenegger-backed startup takes on Tesla with new battery tech

  Tesla may be the best-known electric vehicle (EV) manufacturer, but its grip on the industry isn't guaranteed. The Elon Musk-founded company has plenty of competition, including the Austrian startup Kreisel Electric GmbH. Having experienced sweeping success in the past two years, Kreisel — which was founded by three brothers — is moving into a $12 million research center and battery assembly facility where it will test new battery technology.    For years, Kreisel Electric...

from Inhabitat - Green Design, Innovation, Architecture, Green Building http://inhabitat.com/schwarzenegger-backed-startup-takes-on-tesla-with-new-battery-tech
via Inhabitat

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