What kind of pattern is $750.000.00 VS 15 million....developed and verified....an 80 % reduction from where batteries were at in 2008 and now they are going to switch to Lithium Sulfur....sure they are...LOL
In 2017, VTOdeveloped and verified innovative lithium ion technology with the potential to reduce battery pack cost to $219/kWh
alpha-En Corporation and Argonne National Lab Will Advance alpha-En Technology to Produce Lithium Metal Anodes for EV Batteries with $750,000 Award From DOE Technology Commercialization Fund
Today, the Energy Department announced up to $15 million for research projects on batteries and vehicle electrification technologies to enable extreme fast charging. The Department's Vehicle Technologies Office (VTO) funds early-stage, high-risk research to generate knowledge upon which industry can develop and deploy innovative transportation energy technologies that improve efficiency, lower costs, and increase use of secure, domestic energy sources.
VTO is seeking research projects to develop plug-in electric vehicle systems that can recharge rapidly at high power levels, decreasing charge time to 15 minutes or less. Advanced battery projects will focus on early-stage research of battery cells that can enable extreme fast charging, while electrification projects will support the development and verification of electric drive systems and infrastructure for extreme fast charging (400-kW).
In a new VTO-funded report also being released today, researchers at Idaho National Laboratory teamed with Argonne National Laboratory and the National Renewable Energy Laboratory to identify technical gaps to implementing an extreme fast charging network in the United States. This report highlights technical gaps at the battery, vehicle, and infrastructure levels. The full report can be found on the VTO reports and publication page.
In 2017, VTO developed and verified innovative lithium ion technology with the potential to reduce battery pack cost to $219/kWh of usable energy, an approximately 80% reduction since 2008. This funding opportunity aims to continue building on this progress to decrease the time needed to charge an electric vehicle and drive down battery costs to save consumers and businesses money.
For more information on this funding opportunity and application requirements, please visit the EERE Exchange website or Grants.gov.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.