USABC awards contracts for advanced battery development

  • 14-Mar-2011 12:33 EDT

One of Maxwell Technologies' ultracapacitor products is the K2 3,000F cell.

Cobasys, Maxwell Technologies, and SK Energy have won contracts from the United States Advanced Battery Consortium LLC (USABC) for battery development and technology assessment. The competitively bid contract awards are co-funded by the U.S. Department of Energy and include a 50% cost-share from each of the contracted companies. USABC—an advanced research collaboration group including Chrysler, Ford, and General Motors—awarded a combined $15.6 million (Cobasys $8.36 million; Maxwell Technologies $7.01 million; SK Energy $195,149). Under individual contracts, the companies are to develop and assess advanced energy-storage technologies for a lower-energy energy storage system for power-assist hybrid-electric vehicles and high-energy-density battery cells and battery packs for electric vehicles.

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