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The $2.4 billion program designed to jump-start the battery industry has met with horrible market conditions.
The company’s woes highlight the challenge of getting into the automotive manufacturing industry from scratch.
Improved chargers cut down on wait times, but they’re expensive, among other drawbacks.
A second recall of its batteries calls the company’s future into question.
If Envia can overcome some key problems, its technology could cut the cost of electric-car batteries in half.
A GM-funded bus could reduce transit agencies’ fuel bills by 80 percent.