US DOE Makes $42M Available for Developing Better EV Batteries
A dozen projects will receive $42 million in financing from the United States Department of Energy (DOE) in order to strengthen the American distribution network for battery technology used in electric cars. The selected projects for this EVs4ALL program seek to increase the adoption of electric vehicles locally by creating long-lasting batteries that charge quickly, operate effectively and increase customers' trust regarding the range issue. According to the U.S. Secretary of Energy Jennifer Granholm, the number of EV sales has tripled since the commencement of the administration. If battery efficiency, resilience and cost are addressed, then the announced projects will…