The U.S. Dept. of Energy and the U.S. Council for Automotive Research (USCAR) announce an agreement that could reach $125 million over five years to develop advanced high-performance batteries for electric, hybrid-electric and fuel-cell vehicle applications. The new $125 million agreement is set for three years with two one-year continuing options in which the government and industry will share the research costs. Combined with a $70 million joint agreement signed in May to develop ...

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