Energy Department Announces $50 Million to Advance PEV Technologies

EERE News: The Energy Department on March 8 announced more than $50 million in funding for new projects that will accelerate the development of advanced plug-in electric vehicle (PEV) technologies to improve vehicle fuel economy and performance. This new funding supports the Energy Department's EV Everywhere Grand Challenge, which aims to make PEVs as affordable to own and operate as today's gasoline-powered vehicles within the next 10 years, and will help to advance the technology goals outlined in the EV Everywhere Grand Challenge.

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