This is an excerpt from EERE Network News, a weekly electronic newsletter.

March 13, 2013

Energy Department Offers $50 Million to Advance PEV Technologies

The Energy Department on March 8 announced more than $50 million in funding for new projects that will accelerate the development of advanced plug-in electric vehicle (PEV) technologies to improve vehicle fuel economy and performance. This new funding supports the Energy Department's EV Everywhere Grand Challenge, which aims to make PEVs as affordable to own and operate as today's gasoline-powered vehicles within the next 10 years and will help to advance the technology goals outlined in the EV Everywhere Grand Challenge.

The Department will select new research projects that focus on lowering the cost and increasing the efficiency of PEV components and develop models and tools to predict these vehicles' performance and help improve fuel economy. The Department will fund projects that cover 12 areas of interest across five major areas of research and development, including: advanced light-weight and propulsion materials; battery development; power electronics; heating, ventilation, and air conditioning systems; and fuels and lubricants.

Through the Advanced Vehicle Power Technology Alliance between the Department of Energy and the U.S. Army, the Army is contributing $3.5 million in co-funding in several areas where there are joint development opportunities. The Energy Department will accept applications from industry, national laboratories, and university-led teams to address these challenges and enable technologies that will drive innovation in vehicle design. See the Energy Department Progress Alert, the Vehicle Technologies Office website, and the funding announcement.