mPhase to Pursue Funding From Stimulus Plan’s $2B for Advanced Automotive Battery Technology
Green Car Congress
MARCH 9, 2009
says it will pursue funding opportunities arising from the $2 billion allocated for advanced battery technology in the new economic stimulus package. As a multiple cell battery with a shelf life of at least 20 years, the Smart NanoBattery can potentially be integrated with emergency functionality in commercial electric and hybrid electric vehicles to supplement the main power supply, for powering some of the critical electronic components of the vehicle, according to the company.