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US Department of Energy awards USD 42 million in funding for 12 EV battery projects
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Jan 12, 2023
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Alternative Energy

Alternative Energy

Jan 12, 2023

US Department of Energy awards USD 42 million in funding for 12 EV battery projects

Industry news
Funding

  • The US Department of Energy (DOE) awarded USD 42 million in funding for 12 projects as part of its Electric Vehicles for American Low-Carbon Living (EVs4ALL) program which aims to improve the domestic supply of batteries for EVs and thereby expand EV adoption in the country.

  • Among the companies awarded funding was 24M Technologies, a semi-solid lithium-ion battery developer, which received USD 3.2 million in funding to develop low-cost and fast-charging sodium metal batteries with good low-temperature performance. Solid Power, a solid-state battery developer, also received USD 5.6 million in funding to develop a 3D-structured Li metal anode and sulfur composite cathode for high-energy and fast-charging EV battery cells.

  • Other companies, universities, and national laboratories selected included Ampcera, Project K, National Renewable Energy Laboratory, the Ohio State University, Sandia National Laboratories, South 8 Technologies, Tyfast Energy, University of Maryland, Virginia Tech, and Zeta Energy.

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