USABC awards $4.1 million low-cost/fast-charge ev battery technology development contract to farasis energy USA.
The United States Advanced Battery Consortium LLC (USABC), a subsidiary of the United States Council for Automotive Research LLC (USCAR), announced the award of a $4.1 million technology development contract to Farasis Energy USA in Hayward, California for a low-cost/fast-charge (LC/FC) electric vehicle (EV) battery program.
The contract award, which includes a 50 percent cost share, funds a 36-month project that began on Feb. 4. The program’s goal is to develop LC/FC lithium-ion batteries using advanced electrode materials, electrolyte and cell design. This is Farasis Energy’s second contract award from USABC.
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USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. Department of Energy (DOE), USABC’s mission is to develop electrochemical energy storage technologies that support widespread commercialization in vehicle applications.
In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress.
Steve Zimmer, executive director of USCAR.
The low-cost/fast-charge EV battery technology development contract award with Farasis Energy is part of USABC’s broad battery technology research and development program.
“Programs like this are critical to advancing the technology needed to meet both near- and long-term goals that will enable broader scale vehicle electrification.”
USABC AWARDS $4.1 MILLION LOW-COST/FAST-CHARGE EV BATTERY TECHNOLOGY DEVELOPMENT CONTRACT TO FARASIS ENERGY USA, SOUTHFIELD, Mich., May 6, 2021
