U.S. Energy Department to Invest $69 Million in Electric Vehicles, $30 Million in Storage Technology to Enhance Reliability

The U.S. Energy Department on May 1 announced funding opportunities for advanced electric vehicle projects focused on batteries and electrification including cyber security, materials for lighter weight vehicle structures and powertrains, as well as technology integration for overall system efficiency. The department also announced funding for a new program called “Duration Addition to electricity Storage,”…