Superlattice Power, Inc. (SLAT.OB) to Power Hybrid Technologies’ Highly Anticipated X Prize Competition Entry Extending Drive Range to 200 Miles
Superlattice Power, Inc. (SLAT.OB) announced that it will develop a superlattice battery specifically for Hybrid Technologies’ (HYBR.OB) vehicle entry into the Automotive X Prize (AXP) competition sponsored by Progressive. Superlattice is an emerging powerhouse in the development and marketing of lithium-powered batteries worldwide. The AXP judges will be analyzing 64 entrants based upon six factors: fuel economy, design, performance, price, production reality, and technology feasibility. Hybrid’s AXP vehicle is currently being developed at the company’s Mooresville facility. The engineering team’s goal is for the Hybrid entry to reach speeds of 175 mph and a drive range of at least 300…