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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Production of advanced lead-acid batteries, using lead-carbon electrodes for micro and mild hybrid applications. Production of the UltraBattery (lead-acid battery with a carbon supercapacitor combination) for micro and mild hybrid applications. Accelerate the launch and commercialization of PHEVs and EVs by partnering with 15 of America's leading utilities. President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4