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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

Applications including basic research on batteries, battery materials, inverters, converters, motors or subcomponents for EDV drivetrains will not be considered for comprehensive review. EVs are to be compliant with current California Air Resources Board (ARB) Zero Emission Standards, and offer a range greater than or equal to 100 miles.

PHEV 170
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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

Provisions include: A maximum credit of $2,500 is available for electric drive low-speed vehicles, motorcycles and three-wheeled vehicles. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV. Minimum capacity of a qualified battery is 4 kWh.

Stimulus 150