The United States has decided to provide a grant of $60 million for research on electric vehicle batteries. The aim of the investment is to increase the efficiency and manufacturing capabilities of batteries in order to facilitate the mass adoption of electric vehicles.
The grant has been awarded to the United States Advanced Battery Consortium LLC, a collaboration between General Motors Co., Ford Motor Co., and Stellantis N.V. The project will focus on the development of high-performance batteries using domestically available materials and more efficient recycling processes.
The funding aims to address one of the barriers to mass adoption of electric vehicles, which is their limited range. Electric vehicles also face challenges in terms of access to charging infrastructure and high initial costs, which deter potential buyers.
The recycling of used car batteries is also identified as a major challenge for the industry.
The U.S. Department of Energy has also announced the allocation of more than $131 million for projects related to electric vehicle battery research and charging systems.
The mentioned battery consortium will work towards decarbonizing transportation. The state of Michigan currently needs around 1.9 million electric vehicles to achieve its goal of having 2 million registered electric vehicles by 2030.
Deputy Secretary of Energy, David M. Turk, expressed satisfaction with this development.
“The Biden-Harris Administration is contributing to the development of the innovation and research needed to provide clean, affordable, and accessible transportation solutions for all Americans. Today’s investments will accelerate the development of convenient and reliable electric vehicle charging networks and expand the domestic battery supply chain, ensuring our country’s energy independence and generating economic opportunities,” stated Turk.
To receive funding, the Department of Energy and applicants will have to go through negotiations, and even the selection process may be canceled for any reason.
The state of Michigan has also received grants totaling over $150 million to support the transition to electric vehicles through the Charge Up Michigan and Bipartisan Infrastructure Law programs.
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The source of the article is from the blog mivalle.net.ar