Electric VehiclesFuel Cell IncentivesTransportation

US Department of Energy Offers $50 Million to Advance EV Technologies

By March 8, 2013 No Comments

The Department of Energy announced $50 million in funding for new projects to “accelerate the development of advanced plug-in electric vehicle (PEV) technologies to improve vehicle fuel economy and performance.”

“The Department will select new research projects that focus on lowering the cost and increasing the efficiency of PEV components and develop models and tools to predict these vehicles’ performance and help improve fuel economy. The Department will fund projects that cover 12 areas of interest across five major areas of research and development, including: advanced light-weight and propulsion materials; battery development; power electronics; heating, ventilation, and air conditioning systems; and fuels and lubricants.”

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