All posts tagged: 131m

DOE invests 1m to accelerate EV battery supply chain

DOE invests $131m to accelerate EV battery supply chain

In a significant move towards bolstering the electric vehicle (EV) industry, the US Department of Energy (DOE) will invest over $131m to support the EV battery supply chain, charging infrastructure and address industry challenges. The fiscal backing will drive various projects aimed at advancing research and development (R&D) in EV batteries and charging systems and will be directed towards a consortium targeting critical priorities for the next phase of widescale EV commercialisation. As part of this initiative, the DOE disclosed the allocation of $71m for 27 selected projects under the Vehicle Technologies Office (VTO) in the Office of Energy Efficiency and Renewable Energy. These projects are designed to tackle key challenges and objectives across the EV battery supply chain, including reducing the cost of EV batteries, enhancing the efficiency of public transportation, and extending the range of electric vehicles. Lowering EV battery costs and increasing range A major focus of the funded projects is to reduce the cost of EV batteries using inexpensive, abundant materials. Researchers aim to achieve this by developing long-life-cycle, high-energy-density lithium-sulfur …