Energy Department Announces $55 Million In Grants For Fuel-Efficient Car Research

Posted by Mike Confino, January 25, 2015

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The future of fuel-efficient cars looks a little brighter after a round of grants announced this week by the Department of Energy.

Secretary of Energy Ernest Moniz announced Thursday that the Department of Energy will be providing $55 million to universities, research laboratories, and companies to find new ways for vehicles — both plug-in electric and fuel-powered — to become cheaper and more efficient. The money will go toward projects related to multiple issues, including advanced batteries, advanced combustion engines, and fuels technologies, and the selections of grant recipients will be made based on applications sent to the DOE.

via Energy Department Announces $55 Million In Grants For Fuel-Efficient Car Research | ThinkProgress.

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