USDoE Announces New Funding to Advance Plug-in Electric Vehicle Technologies:


U.S. Department of Energy, March 8, 2013

The U.S. Department of Energy has announced more than $50 million in funding for new projects that will accelerate the development of advanced plug-in electric vehicle technologies to increase vehicle fuel economy and improve performance. This new funding supports the Energy Department’s EV Everywhere Grand Challenge, which aims to make PEVs as affordable to own and operate as today’s gasoline-powered vehicles within the next ten years. The Department will fund projects across five major areas of research and development that cover 12 areas of interest, including advanced light-weighting and propulsion materials, advanced battery development, power electronics, fuels and lubricants, and advanced heating, ventilation, and air conditioning systems.