Electric Storage Solution Charges in 5 Minutes and Drives 500 Miles

I’ve blogged earlier about electric cars in “The Future is Electric”. I really want one and it looks like there are several technologies coming together that could make this possible. The latest innovation comes from a company in Texas called EEStor that has developed a storage device that can hold enough electricity to drive 500 miles and it only takes 5 minutes to recharge. The story first broke on CNN Money.

Using something called an Ultra Capacitor, they store a charge without using hazardous chemicals or high pressure tanks. The cost of the engine is slightly more expensive (whatever that means) than a gasoline engine but getting rid of the need for gas more than compensates for the added expense. Could this be the breakthrough we’ve been waiting for in electrics?

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