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Could a lithium-ion upgrade come close to meeting that price point?

April 26, 2017lithium-ion meeting point price upgrade

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Could a lithium-ion upgrade come close to meeting that price point?

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India-based electric car maker Reva announced Monday that it plans a 2009 European launch of a lithium-ion battery-powered version of its long-selling electric car, along with a fast-charging station that can charge it in an hour. Since 2001, Reva has been making a lead-acid battery-powered car with a range of about 50 miles per charge. Reva has sold about 2,200 of those cars for about $9,000 apiece, according to the New York Times. The new lithium-ion battery-powered car, called the L-ion, will have a range of about 75 miles and a top speed of about 50 miles per hour, Reva said in a Monday press release. Reva also intends to market a fast-charge station that can charge the new car’s lithium-ion batteries in about an hour, compared to about six hours without the charging station. Reva’s lead-acid battery-powered car takes about eight hours to charge, the company said. Reva plans to have the cars and charging stations available for pre-order in February and start delivering them in May.