Proving once again that brevity isn't its strength, the US Department of Energy (DOE) put out its version of a request for proposals that will involve doling out $20 million to help create a plug-in vehicle that competes with gas-powered cars.

Under a program called the "Robust Affordable Next Generation EV-Storage (RANGE)," the DOE will give out grants ranging from $250,000 to $10 million in an attempt to push the auto industry to a sweet spot of sorts: a $30,000 electric vehicle that can go 240 miles on a single charge. You can check out the DOE's 55-page manifesto here. "The program goal is to enable a 3X increase in electric vehicle range (from ~80 to ~240 miles per charge) with a simultaneous price reduction of > 1/3 (to ~ $30,000)," the statement says. "If successful, these vehicles will provide near cost and range parity to gasoline-powered ICE vehicles." Since 2009, the DOE's Advanced Research Projects Agency-Energy (ARPA-E) has spent about $770 million on 285 projects.

As an example for 2012 numbers, the DOE compares a Nissan Leaf EV to a Nissan Versa and thus estimates that the payback period for an EV, taking into account the higher new-car price and lower refueling costs, is about seven years, inclusive of government subsidies. The deadline for submissions is March 21.

From Our Partners

You May Like
Links by Zergnet
Share This Photo X