U.S. government pledges $45 million to develop better EV batteries:
The Department of Energy is launching the Electric Vehicles for American Low-Carbon Living program, dedicated to improving battery technology.
The program will provide up to $45 million for the domestic development of electric-vehicle batteries. The program aims for batteries with faster charging times, less susceptibility to extreme temperatures, and better range retention over a battery’s lifespan. The Department of Energy has announced a new venture for the advancement of electric vehicles in the U.S., creating a program to fund the development of cheaper, more efficient, and longer-lasting batteries. This follows an announcement from February when the DOE and the Department of Transportationto oversee the expansion of America’s electric-vehicle charging network, pledging $5 billion to states over the next five years to create a “spine” of chargers along the interstate highway system.
The new battery-focused program is called EVs4ALL and will dedicate up to $45 million to fund the domestic development of advanced batteries for EVs. It's organized through division called Advanced Research Projects Agency-Energy . This funding comes from ARPA-E’s fiscal year 2022 appropriation from Congress, and not from the Bipartisan Infrastructure Law that is funding the charging network expansion.
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