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DOE announces $60M to accelerate advanced vehicle technologies research

Green Car Congress

DECEMBER 11, 2020

VTO-funded research has reduced the cost of advanced batteries by 75% since 2008, and nearly every plug-in electric vehicle (PEV) on the road today uses VTO-developed battery technology. DOE is working to lower the cost of the power electronics and motors in an EV to $7/kW by 2022 from $30/kW in 2012.

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Lithium Sulfur Vehicles Energy Storage Affordable 199
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Battery Advances Over the Next Ten Years

My Electric Car

JANUARY 29, 2023

For example the volumetric energy density of lithium-ion batteries has increased eightfold since 2008, from around 55 watt-hours/litre to 450 watt-hours/litre in 2020. At the same time the cost of lithium-ion battery packs declined 87% between 2008 and 2021.

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