McCain Offers $300 Million Prize for New Auto Battery - America’s Election HQ Quote:
PHOENIX — John McCain hopes to solve the country’s energy crisis with cold hard cash.
The Republican presidential nominee-in-waiting is proposing a $300 million government prize to whomever can develop an automobile battery that far surpasses existing technology.
McCain said such a device should deliver power at 30 percent of current costs and have “the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars.”
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Interesting if it would actually happen.