Since some of the planet's most iconic automotive manufacturers know that better battery technology is the key to truly opening up the electric vehicle market, it's easy to forget that other efforts are making headway, but Surrey and Bristol universities, in partnership with Superdielectrics, recently announced that they have been pioneering studies into polymer materials that could overtake lithium-ion battery technology. Furthermore, this isn't their first big breakthrough as, just last year, the team announced that their novel polymer materials have dielectric properties 1,000 to 10,000 time greater than existing electrical conductors. It's believed that their latest announcement could lead to electric vehicles matching the range of fossil fuel vehicles on a charge that takes as little as 10 minutes.
From the legacy automobile producers that are transforming from fossil fuel burners, like Ford (NYSE: F), with its top 10 Car and Driver Hybrid and Electric Cars 2018-2019 rated Ford Focus Electric, and General Motors (NYSE: GM), which claimed 2 of the top 3 spots in Car and Driver's Hybrid and Electric Cars 2018-2019, to Tesla (NASDAQ: TSLA), and other electric vehicle specialists, the engineering crews are busy trying to develop batteries with higher power levels and longer charging storage, as the realization that stagnant battery technology is bottlenecking the industry's growth and long charging intervals is a deal killer for most.
Of course, the technology still needs further development, but battery improvements are only half the battle, as there are other technologies that can safely help reduce energy usage and extend the life of a battery charge, like Alltemp's (OTCQB: LTMP) refrigerant technologies, which, based on preliminary testing, delivered colder air and, based on a pound-for-pound replacement, increased cooling capacity by an average of 22%, while simultaneously increasing the vehicle's fuel efficiency and perceptibly decreasing in the motors' idle RPM with the AC running.
William Lopshire, Alltemp's CEO, stated that, "These field results are consistent with what we have seen for alltemp® L in the commercial building environment, such as the W Hotel in Chicago. alltemp® L's automotive and wheeled vehicle applications are exciting, because providing smart products that allow manufacturers, fleet operators, and transportation providers, to optimize fuel efficiency and climate control performance, while meeting the various climate change agreements, should be a major differentiator for our automotive and transportation products. As Alltemp begins to establish a larger foothold in the new refrigerant ecosystem, it's important that we continue to build on our technological advantages and alltemp® core technology across multiple applications."
Alltemp developed a scalable solution that's cost effective and sustainable, which is positioned to help bridge the gap between our current and future technologies.
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