U.S. Department of Energy - Energy Efficiency and Renewable Energy
Vehicle Technologies Office
Recovery Act Funding Opportunities
President Barack Obama announced on March 19 that the DOE is offering up to $2.4 billion in American Recovery and Reinvestment Act funds to support next-generation plug-in hybrid electric vehicles (PHEV) and their advanced battery components. Of the $2.4 billion, $1.5 billion in grants will go to U.S. manufacturers to produce high-efficiency batteries and their components; $500 million in grants will go to U.S. manufacturers to produce other components needed for electric vehicles, such as electric motors; and $400 million will go towards projects that demonstrate and evaluate plug-in hybrids and other electric infrastructure concepts. When these PHEVs are offered for sale, U.S. residents who purchase them will be able to claim a tax credit of up to $7,500. Building a PHEV industry in the United States will create tens of thousands of jobs and will reduce our nation's dependence on foreign oil.
The following funding opportunites are specific to the Vehicle Technologies Office.