The US Department of Energy (DOE) said today that it will invest up to $45 million in the development of improved batteries for electric vehicles in the United States. The EVs4ALL (Electric Vehicles for American Low-Carbon Living) program is being launched by DOE’s Advanced Research Projects Agency-Energy (ARPA-E) to produce more inexpensive, convenient, efficient, and robust batteries. President Biden has made fair electrification of America’s transportation sector a priority, including measures in his Bipartisan Infrastructure Law which support his goal of having electric vehicles account for half of all vehicle sales in the United States by 2030.
“Advanced batteries are the lifeblood of the electric vehicle sector, and efforts to make them charge quicker and last longer will be vital to speeding up the implementation of electric vehicles,” stated Jennifer M. Granholm, the United States’ Secretary of Energy. “The advantages of an electrified transportation industry in America will be felt for centuries to come, from directly combating climate change to boosting domestic manufacturing jobs and bolstering our overall energy independence.”
By removing significant consumer detractors, the ARPA-E EVs4ALL financing opportunity intends to overcome the following market problems and dramatically enhance domestic electric vehicle adoption:
- Faster charging: While many electric vehicle users prefer to build charging infrastructure at home, many Americans live in homes that lack garages or carports in which to house a charging connection. To fascinate American citizens who are unable to charge vehicles for long periods at home, advanced batteries with safe, rapid charging capabilities are required. This will cut the time drivers spent at charging stations in half, to as little as five minutes, while also saving money on each charge.
- Improving efficiency: Americans in different parts of the country face a wide range of climatic extremes, from scorching heat to bitter cold. When temperatures dip below freezing, current electric vehicle batteries lose performance. Building more efficient batteries which can survive significantly colder temperatures is critical for guaranteeing that batteries can power automobiles in the country’s harshest regions and inspiring broader adoption among drivers who live there.
- Improving reliability: Resolving range anxiety among prospective electric car owners is critical to consumer buy-in and general comfort with driving their vehicle long distances. For electric vehicles to go longer distances between charges and also have greater overall total life mileage, battery resilience is required. This is especially crucial for the two-thirds of Americans who prefer to buy old cars rather than lease or buy new cars since they are less expensive.