Sunday, June 26, 2011

US DOE Supports Electric Vehicles with $184 Million in Grants

Late in 2010 US Secretary of Energy Steven Chu announced that the U.S. Department of Energy will start accepting applications for grants to accelerate the development and deployment of new efficient vehicle technologies. Up to $184 million in grants is available for a wide variety of EV technologies including advanced materials, combustion research, hybrid electric systems, fleet efficiency, and fuels technology.

"[The DOE] awards will help ensure America leads the world in the development of advanced vehicle technologies that support cost-competitive, convenient, and comfortable fuel-efficient vehicles," said Secretary Chu in the DOE press release. "Investments in the next generation of vehicle technologies are laying the groundwork for a sustainable transportation sector in America that strengthens our economy and improves our economic competitiveness."

© 2011, Richard Matthews. All rights reserved.

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