Future Cars Menu
Senator Bayh Proposes Goverment Aid for EV Battery and Grid Technology
Some of the major beneficiaries of this grant money would be EnerDel, Indy Power Systems, Altairnano, Remy International, and Bright Automotive, all Indiana-based companies.
Bayh and a dozen other Senators sent the proposal to Senate majority leader Harry Reid (D-NV). Investments in battery and grid technology and manufacturing are vital to ensure that plug-in vehicles are economically feasible. These investments will also ensure that America does not trade foreign oil dependency for foreign battery dependency. Today, most of batteries for electric and plug-in vehicles are manufactured from overseas, mainly in Japan.
Smart-grid technology with bi-directional communication and power flow is also an absolute necessity to enable public charging and vehicle to grid energy flow.
This site follows the emergence, application and development of transportation innovation. Reference to manufacturers, makes and models, and other automotive-related businesses are provided for informational purposes only and do not constitute an endorsement by FutureCars.com.