US Department Of Energy Grants $30 Million to Hybrid Cars
Posted by Srikant Rajan | # |
04:19:11 am on June 13, 2008

US Department Of Energy has announced $30 million in funding for development of electric vehicles.This amount would be split in three ways by GM ,Ford,and General Electric(GE).Under his agreement for research GM plans to focus on lithium -ion batteries and battery recharging technology for Electric Cars.Ford will focus on identifying bottlenecks in commercialization of plug in hybrid electric vehicles and GE would work towards dual battery energy storage system and its integration with the EV.Of the three Ford,seems to be making some headway in Plug-in hybrid vehicles with its recent Escape model.

DOE also plans to a second round of research applications under its PHEV Technology Acceleration and Deployment Activity plan, in July 2008. Considering Toyotas recent decision to build up its battery capacity, this latest effort by the DOE signifies that US is still struggling to get the right  electric vehicle plan. Additionally since conclusive  results are  expected by 2014-2016,makes on wonder is this effort is worthwhile.

Tags: Department Of Energy, electric vehicles, ford, GE, General Electric, general motors, gm, Hybrid, lithium ion

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments