The U.S. Department of Energy said Friday it will provide up to $14 million in funding in a joint project with the U.S. Advanced Battery Consortium (USABC) for plug-in hybrid electric vehicle battery development.
The shared-cost solicitation project will total $28 million between the two agencies.
This project is focused on finding solutions to improving battery performance so vehicles can deliver up to 40 miles of electric range without recharging.
The DOE and USABC will look to identify electrochemical storage technologies capable of meeting the USABC’s criteria for performance, weight, life-cycle, and cost. Other considerations include the potential to commercialize proposed battery technologies and bring them to market quickly.
To review the USABC proposal, click here.