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Posted on July 29, 2008
Google.org Awards $5.5 Million for Development of Plug-in Electric Vehicles
Google.org, the philanthropic arm of the Internet search giant, has announced the first grants made through its RechargeIT initiative, which is designed to accelerate the adoption of plug-in electric vehicles. Grants of $2.75 million each were awarded to ActaCell and Aptera Motors. ActaCell will use the grant to help commercialize lithium-ion battery technology developed at the University of Texas that has the potential to improve battery cycle life and lower costs while maintaining a focus on battery safety, all of which are important factors in the widespread adoption of plug-in vehicles. Aptera Motors will use its grant to continue its work on an ultra-high-efficiency vehicle that incorporates state-of-the-art composite materials and improved aerodynamics. During tests, Aptera's first prototype achieved more than 230 miles per gallon, and the company plans to develop an all-electric as well as a plug-in hybrid vehicle based on the design.
Driving Plug-in Technology With Investments of $2.75 Million.
Google Press Release
7/23/08.
Primary Subject: Environment
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