The electric-car quandry is almost over. Until now, you could get either a low-speed “neighborhood” vehicle that couldn’t break the 40 mph barrier, or an electric supercar like the Tesla Roadster that sells for $90,000. But Ontario, California–based Phoenix Motorcars is about to unveil a $45,000 truck and an SUV that will go from zero to 60 in 10 seconds, travel 200 to 250 miles, and keep up with highway traffic. At the heart of the Phoenix is a new variant of the lithium-ion battery, made by Altair Nanotechnologies. It replaces the carbon anodes of old with nanosized lithium-titanate particles, which don’t overheat and allow the car to recharge in about 15 minutes using a special charger, or in six to seven hours using a wall socket. The first two production runs–500 this year, 6,000 in 2008–will be sold to fleet owners to work out the final kinks before the Phoenix is offered up to the general public. “What we’re saying,” says Phoenix CEO Dan Elliott, “is you can have your cake and eat it too.”
The Most Innovative Companies
The top 50 companies in entertainment, media, sports, technology, and more.
Most Creative People
Meet this year's inspiring leaders.
Innovation By Design
A showcase for ingenious design solutions.
World Changing Ideas
New workplaces, new food sources, new medicine—even an entirely new economic system.
Out of Office With
Industry leaders offer a glimpse of their lives outside of the office--and how these experiences have helped to get them where they are today.
Creative dialogue can reinvent your business, your brand, and your career. Join Fast Company on a multi-platform exploration of the art of conversation.
Mind and Machine
Computers are getting smart--very smart. Fast Company explains the complex and increasingly nfluential world of artificial intelligence and machine learning.
How the top talent from creative fields get work done.
The up-and-coming companies that are disrupting industries.
Profiles of the high-level business leaders behind progressive, creative, and innovative organizations
A roundup of breaking tech news, products, and services featuring the most important takeaways.