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Energy Dept Funds $19.4M for Electric Vehicle Development

Energy Dept Funds $19.4M for Electric Vehicle Development
(Keith Srakocic/AP)

By    |   Wednesday, 12 July 2017 03:46 PM

The Department of Energy awarded l$19.4 million on Wednesday for development of electric vehicles, according to the Washington Examiner.

The $19.4 million will go to 22 projects through the Vehicle Technologies Office, which are meant to speed up research on lightweight materials, engine technologies, and mobility systems that are more energy-efficient, the Examiner report said.

The investment in those technologies will "improve our nation's energy security, help consumers and businesses save money on transportation energy costs, and strengthen U.S. economic competitiveness," the Energy Department said, according to the Examiner.

One of the projects includes $1 million for 15 projects, cost-shared with the Army, that would produce electric vehicle battery packs that are more efficient, the department said in the Examiner report.

Although the Energy Department has issued the money for the projects, President Donald Trump has said he would cut back rules that were meant to add incentives to the production of electric vehicles, according to the Examiner.

President Donald Trump's budget proposal in May called for $3.1 billion in cuts from Energy Department research programs, which would include better batteries for electric vehicles, according to The New York Times.

Trump rolled back the fuel economy standards set during former president Barack Obama's tenure, according to NBC News in March.

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The Department of Energy issued $19.4 million on Wednesday for development of electric vehicles, according to the Washington Examiner.
energy, department, election, vehicle
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2017-46-12
Wednesday, 12 July 2017 03:46 PM
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