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
President Barack Obama announced the availability of the funding during a visit to Southern California Edison’s Electric Vehicle Center today. billion to produce advanced automotive batteries and their components, and up to $500 million to produce other components needed for electric vehicles, such as electric motors.
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