Compact Power Inc. gets PHEV development contract from USABC
Filed under: EV/Plug-in, Hybrid

Compact Power Inc is on something of a roll lately. They and parent LG Chem of South Korea have reportedly won contracts supply lithium ion batteries to Hyundai/Kia for upcoming hybrid models and are rumored to be the front runner to the supply contract for the production Chevrolet Volt. CPI's latest deal comes from the United States Advanced Battery Consortium. USABC is a research consortium comprised of the three domestic automakers along with funding from the Department of Energy for basic research into battery technology. The $12.9 million contract to CPI will cover development work on lithium batteries for plug-in hybrid vehicles with a 10-mile electric range.
[Source: Automotive News - Sub. req'd]

The US Department of Energy has committed to contributing $14 million dollars to a $28 million project being run by the US Advanced Battery Consortium. The USABC is part of the United States Council for Automotive Research (USCAR) which is an umbrella organization for US based carmakers to do joint research into advanced technologies. The battery project is part of an effort develop commercially viable batteries for plug-in hybrid vehicles that would allow for forty miles of electric driving range. The goals of the project are to identify battery chemistries that can last the life of the car without replacement, keep cost to a manageable level and provide the necessary levels of performance under the range of driving conditions that a mass produced car would encounter. 









