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DOE to Award Up to $2.4B for Advanced Batteries, Electric Drive Components, and Electric Drive Vehicle Demonstration/Deployment Projects

Green Car Congress

MARCH 19, 2009

billion in federal funding from the American Recovery and Reinvestment Act of 2009 (ARRA) in support of the development of advanced electric drive vehicles (EDVs) including plug-in hybrid electric (PHEV), electric vehicles (EV), and fuel cell vehicles (FCV). The latter will provide grants to US-based manufacturers of up to $1.5

PHEV

PHEV Batteries Battery Vehicles

Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

FEBRUARY 13, 2009

The Senate version made substantial changes, expanding the type of vehicles qualifying for a credit, adding a credit for PHEV conversions, and doubling the 250,000 vehicle limitation to 500,000. Provisions include: A maximum credit of $2,500 is available for electric drive low-speed vehicles, motorcycles and three-wheeled vehicles.

Stimulus

Stimulus Plug-in Purchase Plug

EV Driven

DOE to Award Up to $2.4B for Advanced Batteries, Electric Drive Components, and Electric Drive Vehicle Demonstration/Deployment Projects

Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

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