DOE awards Solid Power $5.6M to develop more affordable and efficient electric vehicle batteries

U.S. Department of Energy Announces $42 Million to Develop More Affordable and Efficient Advanced Electric Vehicle Batteries in America

From the U.S. Department of Energy

The U.S. Department of Energy (DOE) today announced $42 million in funding for 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles (EVs). Projects selected for the Electric Vehicles for American Low-Carbon Living (EVs4ALL) program aim to expand domestic EV adoption by developing batteries that last longer, charge faster, perform efficiently in freezing temperatures and have better overall range retention. Electrifying the transportation sector is critical to rapidly decarbonizing the American economy and eliminating heavy-emitting industries. DOE is directly supporting President Biden’s goals to develop advanced technologies in America that will power the clean energy transition globally and for EVs make up half of all domestic vehicles sales in in 2030. Read More

US Energy Department announces over $5M award to Solid Power

From Techstory

Solid-State battery developer Solid Power receives a $5 million award from the United States Department of Energy. It is to help the company to continue the development of technology that could potentially lower the price of EV batteries. Solid Power is a US-based battery developed that specializes in solid-state, sulfide-based electrolyte technology. It hopes to scale so that energy-dense cell costs are reduced. Read More