DOE awards $55 million in grants to make cars more eco-friendly
The United States Department of Energy (DOE) has awarded more the $55 million in grants to companies such as For Motors, Delphi Automotive Systems, and numerous others with the goal of improving advanced electric vehicle technology as well as increasing the fuel efficiency of traditional vehicles.
Ford has received a $6 million grant in order to fund the development of carbon fiber composites which could be used to reduce vehicle weight and, in turn, increase the vehicle’s fuel efficiency. Delphi received a $10 million grand in order to fund the development of a low temperature combustion technology called Gasoline Direct Injection Compression Ignition to reduce emissions and increase thermal efficiency.
Other companies that received grants include Chrysler Group, which received a $1.5 million grant in order to fund the development of low-temperature catalysts, and Alcoa, which received a $2.4 million grant in order to fund the development of better aluminum.
The DOE awarded grants to 31 projects from universities, automakers, and suppliers. Of these projects, 19 are part of the Obama administration’s efforts to bring the price of plug-in electric vehicles down to the level of traditional combustion vehicles by the year 2022.
Read more about the story at The Hill.
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