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

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This work is intended to enable market introduction of various electric vehicle technologies by lowering the cost of battery packs, batteries, and electric propulsion systems for EDVs through high-volume manufacturing. The award recipient cost share is required to be 50% or higher of the total allowable costs of the project.

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