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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

Green Car Congress

AOI 02: Low Cost Electric Traction Drive Systems Using No Heavy Rare Earth Materials. Low Cost, High-Performance, Heavy Rare Earth-Free 3-In-1 Electric Drive Unit. Low-Cost Rare-Earth Free Electric Drivetrain Enabled by Novel Permanent Magnets, Inverter, Integrated Design and Advanced Thermal Management.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

The F6 DM uses ferrous batteries, with no lithium content, that BYD says are high-energy density and low cost. He said he plans to discuss the idea with [Caroll] Shelby and [Lee] Iacocca. BYD said the F6DM (dual mode) sedan will go on sale in China in the fourth quarter for $20,000 to $30,000.The But its ready now.

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