K2 Energy Solutions

USABC awards $5.43M for advanced battery development

By / December 23, 2010

The U.S. Advanced Battery Consortium, a research collaboration group composed of Chrysler, Ford and GM, announced $5.43 million in advanced battery development and technology assessment contracts to five firms. The contracts  are funded by the DOE and include a 50 percent cost-share from each of the contracted companies. The press release states that USABC awarded…

Read More