DOE to Provide up to $14 Million for Plug-in Hybrid Electric Vehicle Battery Research
April 05, 2007
The U.S. Department of Energy (DOE) today announced that it will provide up to $14 million in funding for a $28 million cost-shared solicitation by the United States Advanced Battery Consortium (USABC), for plug-in hybrid electric vehicle (PHEV) battery development. This research aims to find solutions to improving battery performance so vehicles can deliver up to 40 miles of electric range without recharging. This would include most roundtrip daily commutes.
This research is part of President Bush's Advanced Energy Initiative, which aims to change the way we power our homes, offices, and automobiles. The President has also proposed his Twenty in Ten plan, targeting a 20% reduction in gasoline usage by 2017 through greater use of alternative fuels and increased vehicle efficiency.