1.09 - The U.S. Department of Energy announces selection of alternative vehicle technology projects

The U.S. Department of Energy (DOE) has announced the selection of six cost-shared research projects for the development and demonstration of alternative vehicle technology projects totaling a DOE investment of up to $14.55 million over three years, subject to annual appropriations. Private sector contributions will further increase the financial investment for a total of up to $29.3 million. The selections announced today are part of DOE's continuing work to develop high efficiency vehicle technologies and are not part of the recently announced $25 billion Advanced Technology Vehicles Manufacturing Loan Program. Today's announcement supports the development of next generation technologies for new alternative vehicles. The projects selected today directly support DOE's goal to protect our national and economic security by promoting a diverse supply and delivery of reliable, affordable and environmentally sound alternative energy.