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DOE to Award Up to $2.4B for Advanced Batteries, Electric Drive Components, and Electric Drive Vehicle Demonstration/Deployment Projects

Green Car Congress

This work is intended to enable market introduction of various electric vehicle technologies by lowering the cost of battery packs, batteries, and electric propulsion systems for EDVs through high-volume manufacturing. The award recipient cost share is required to be 50% or higher of the total allowable costs of the project.

PHEV 170
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Are You Plugged In?

Revenge of the Electric Car

is 50 mph and its nominal range is 50 miles; it retails for about $12,000. Myers’s NmG—or no more gas—is a three-wheel, one-seat vehicle that can travel up to 75 mph and as far as 50 miles in its lithium-battery model. It costs about $30,000. GM calls the Volt an extended-range electric vehicle, or EREV.

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