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...quite, but certainly the beginnings of one. Demand for lithium-ion batteries is increasing dramatically as electric-car technology improves and prices drop. Nissan has introduced the all-electric Leaf, and this year Chevy will debut the long-anticipated gas-electric Volt. Those and future electric cars need battery packs, and at least a dozen American lithium-battery start-ups are competing with Asian companies such as Sanyo and Hitachi to provide them. "There's a tremendous amount of competition," says David Vieau, chief executive of A123 Systems, a Watertown, Mass., start-up powered by federal money that is vying...

Author: /time Magazine | Title: Why Start-Ups Are Charging Into Lithium | 4/5/2010 | See Source »

Vieau attributes his company's recent success in part to its deep finances and manufacturing capacity. Customers regularly ask, he says, "Do you have the financial wherewithal to keep up and execute at a large scale?" Companies like A123 are busy wrestling with two key issues facing electric-car batteries: providing enough power to the car's engine and storing enough power to guarantee a defined range - say, 200 miles (about 320 km) - between charges. The goal for electric-car manufacturers is an affordable battery that can handle countless partial charge-discharge cycles over an eight-to-10-year life...

Author: /time Magazine | Title: Why Start-Ups Are Charging Into Lithium | 4/5/2010 | See Source »

...prowess. But his liabilities are equally formidable. Some are the public's long-standing bigotry against his Mormon faith, a history of breathtaking policy flip-flops and, perhaps as grave - no kidding - his striking nonchalance about transporting the family dog in a box tied to the roof of his car en route to a family vacation. (Note to would-be candidates: Don't piss off the animal lovers.) (Rank Mitt Romney in the 2010 TIME 100 poll...

Author: /time Magazine | Title: Taking On Obama in '12 — Tougher Than You Think | 4/5/2010 | See Source »

...Pakistani Taliban's audacious, coordinated assault on the U.S. consulate in the northwestern city of Peshawar on Monday suggests that intense operations by the Pakistani military against them have done little to diminish their capacity to retaliate or attack. Shortly after 1 p.m. on Monday, successive car bombs rocked the heavily secured zone near the consulate, spewing thick plumes of grayish smoke over the area, which also houses important Pakistani military personnel. Then, at least six heavily armed assailants dressed in military fatigues and traveling in two vehicles attacked Pakistani police roadblocks with rockets, grenades and weapons fire and attempted...

Author: /time Magazine | Title: U.S. Consulate Attack: A Message from the Taliban | 4/5/2010 | See Source »

...capital of Islamabad was overrun and torched by university students in response to the siege of Mecca by Saudi religious insurgents. Other attacks have followed. In Peshawar in 2008, a U.S. diplomat narrowly escaped a Taliban ambush as she drove to work. Two years earlier, an American diplomat's car was rammed by an explosives-laden vehicle in Karachi, killing him and several other people...

Author: /time Magazine | Title: U.S. Consulate Attack: A Message from the Taliban | 4/5/2010 | See Source »

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