Plug-in Hybrid Electric Vehicle Investments
The Department of Energy will fund three plug-in hybrid electric vehicle projects through $30 million of government funding and cost-sharing investment from industry over the next three years. The projects will achieve demonstration of electric vehicles capable of 40 miles of travel before recharging and address cost barriers of electric vehicles. The announcement was made by Assistant Secretary of Energy Efficiency and Renewable Energy, Andy Karsner. ...
... "The projects selected will be developed between Fiscal Years 2008-11 and demonstrated in geographically diverse regions to identify performance, operation, and fuel economy in a real-world environment. The goal is to develop PHEVs that can be mass produced, compete effectively in the marketplace, and substantially reduce petroleum consumption by offering fuel flexibility to American consumers. DOE’s funding for these projects, which is subject to Congressional appropriations, will be combined with an industry cost share of 50 percent. " ...Via Department of Energy: $30 Million for Plug-in Hybrid Electric Vehicle Projects
Department of Energy Plug-in Hybrid Electric Vehicle Projects: "PHEVs are hybrid vehicles that can be driven in electric-only or hybrid modes and recharged from a standard electric outlet. They offer increased energy efficiency and decreased petroleum consumption by using electricity as the primary fuel for urban driving. This is the first round of selections under DOE’s PHEV Technology Acceleration and Deployment Activity funding opportunity announcement."
Vehicle Technologies Program: "The Vehicle Technologies Program is developing more energy efficient and environmentally friendly highway transportation technologies that will enable America to use less petroleum."
Battery Research Program (PDF)
Andy Karsner, Assistant Energy Secretary for Energy Efficiency and Renewable Energy: "The Assistant Secretary manages the Department of Energy's (DOE) $1.47 billion applied science, research, development, and deployment portfolio, which promotes marketplace integration of renewable and environmentally sound energy technologies. His Office also bears primary responsibility for education, conservation, regulation and efficient use of our nation's energy resources, including federal energy management, building codes, appliance standards, and the Energy Star program, amongst others. Assistant Secretary Karsner leads Administration efforts to implement several prominent Presidential Initiatives ... "
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Category: Electric Vehicle