U.S. To Fund Plug-in Hybrid Car Research
Sep 25 - United Press International The U.S. Department of Energy announced Tuesday it will invest nearly $20 million for plug-in hybrid vehicle, or PHEV, research. The government will also provide nearly $2 million to the University of Michigan to coordinate the study. Kolevar said plug-in hybrid vehicles have the potential to displace a large amount of gasoline by delivering up to 40 miles of electric range without recharging -- a distance that would include most daily roundtrip commutes. The five projects selected for negotiation of awards were designed by the 3M Corp. of St. Paul, Minn.; A123Systems of Watertown, Maine; Compact Power Inc. of Troy, Mich.; EnerDel Inc. of Indianapolis, and Johnson Controls-Saft Advanced Power Solutions of Milwaukee. The Energy Department said its goal is to make PHEVs cost-competitive by 2014 and ready for commercialization by 2016. |