Sep 28, 2007

DOE to Invest up to $20 Million for Plug-In Hybrid Research

DOE announced on Tuesday that it will invest nearly $20 million in plug-in hybrid electric vehicle (PHEV) research. PHEVs have the potential to displace a large amount of gasoline by delivering up to 40 miles of electric range without recharging—a distance that includes most daily roundtrip commutes. Five projects will be cost-shared with the United States Advanced Battery Consortium (USABC), allowing up to $38 million for battery research and development. The companies selected for the projects include EnerDel, Inc. in Indiana; A123Systems in Massachusetts; Compact Power Inc. in Michigan; 3M in Minnesota; and Johnson Controls – Saft Advanced Power Solutions in Wisconsin. The projects will focus on developing batteries and cells for 10- and 40-mile range PHEVs and building small cells to test new cathode materials.