“The biggest problem” that faces widespread adoption of electric vehicles, “is striking a balance between performance and price.” The man who said that, Hiroshi Shimizu, thinks he has the solution to this problem. It is not generous subsidies. It is not miracle batteries. It is a technology his company has been developing over many years: In-wheel electric motors. Shimizu’s company , “SIM-Drive Corp. a Keio University-linked venture company, on Wednesday unveiled a prototype of its SIM-LEI electric vehicle that can travel up to 333 kilometers (206 miles) on a single battery charge,” writes Japan’s Jiji Press. (Read More…)