20 August 2012
It's sometimes difficult to restrain oneself, much less one's company. Every innovation is born of a huge measure of optimism and confidence that this is the solution for the market.
When the Drive for Innovation rolled into Boston in the fall of 2011, we hadn't heard of XL Hybrids. Today, we did, as the company announced a supplier deal with Johnson Controls Inc. for its lithium-ion battery packs.
What makes this an interesting story is not just that the company came out of MIT or that it was founded in the darkest hours of the early years of the Great Recession but that the founders have a very focused and cost-effective approach to solving one piece of the larger fuel-efficiency puzzle.