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In the near term, reducing the cost of the battery — and with it, the price of the vehicle — will come mostly from better manufacturing techniques and building more batteries.
During the flintlock era a number of heavy guns were developed that could fire several bullets either serially or in volley, but it was not until the mid-19th century, with the spread of centre-fire cartridge ammunition and better manufacturing techniques, that such weapons could be put to effective military use.
Better manufacturing techniques mean Intel has to use less energy and water to pattern the big guys.
Better manufacturing techniques, soaring demand, intense competition - all have driven down prices for turbines and panels and further encouraged their spread.
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The chip industry also needs better nanoscale manufacturing techniques to create ever denser data storage and ever faster microprocessors.
Mote pointed out that the solutions to the Grand Challenges will require advanced manufacturing, because a better solar panel or better medical device will require new manufacturing techniques.
Yet here too information technology is beginning to take hold as we learn to use algorithms to produce energy, by utilizing nanotechnology and computer-aided manufacturing techniques to build better solar and wind technology.
There are things automakers can to help mitigate these issues, and Ford is doing them: building more vehicles off a common platform, using advanced manufacturing techniques and developing better relationships with suppliers.
And sellers can start using manufacturing techniques to make their products better.
The company aims to take advantage of the technology's potential to make parts that are lighter, perform better, and cost less than parts made with conventional manufacturing techniques.
But businesses today must invent equally useful nanotechnology-based manufacturing techniques, he believes, allowing firms to better manipulate matter at the smallest scales in order to produce everything from new industrial materials to cutting-edge medicine.
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