By 2015 President Obama has said he wants to have one-million plug-in electric vehicles on the road. It’s unclear if that’s going to happen. But slowly researchers are making progress in building a better battery and states are realizing the battery market is a very lucrative one.
This month Ohio State's Buckeye Bullet is trying to break the 400 mph barrier in the salt flats of Utah. It runs on lithium-ion batteries. This is an earlier video when the futuristic car was hitting speeds in the 300s.