Energy Department Awards Nearly $55 Million to Advance Fuel Efficient Vehicle Technologies

As part of the Obama Administration’s strategy to increase energy productivity, reduce America's reliance on foreign oil and cut harmful emissions the Energy Department today announced an investment of nearly $55 million for 24 projects to develop and deploy cutting-edge vehicle technologies that will strengthen the U.S. clean energy economy. These technologies will play a key role in increasing fuel efficiency and reducing petroleum consumption, while also supporting the Energy Department’s EV Everywhere Grand Challenge to make plug-in electric vehicles as affordable to own and operate as today's gasoline-powered vehicles by 2022.

“Investing in advanced vehicle technologies will improve the efficiency of today’s vehicles while also supporting the next generation of hybrid and electric vehicles,” said Energy Secretary Ernest Moniz. “The deployment of these technologies will give Americans more options when they are choosing a vehicle, while also creating jobs and cutting harmful carbon emissions.”

Through the Advanced Vehicle Power Technology Alliance with the Energy Department, the Department of the Army is contributing an additional $2.26 million in co-funding to support projects focused on battery modeling technologies and computational fluid dynamics.

The investments announced today will go toward a wide range of research, development, and demonstration projects that aim to reduce the price and improve the efficiency of plug-in electric, alternative fuel, and conventional vehicles.  These selections are under two major thrust areas... Read More.. from the Department of Energy, Energy.Gov