The United States Advanced Battery Consortium LLC (USABC), a subsidiary of the United States Council for Automotive Research LLC (USCAR), and a collaborative organisation of FCA US LLC, Ford Motor Company and General Motors, announced the award of a $4.5 million contract to Microvast Inc. in Stafford, Texas to lead a programme to develop low-cost/fast-charge batteries for electric vehicle applications.
The contract award, which includes a 50% cost share, funds a 36-month project that began earlier this year. The programme will develop a safe, low-cost automotive lithium-ion pouch cell capable of achieving a 15-minute fast charge.
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 commercialisation of hybrid, plug-in hybrid, electric and fuel cell vehicles. In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress.
“The technology development contract award with Microvast is part of USABC’s broad battery technology research and development programme,” said Steve Zimmer, Executive Director of USCAR. “Programmes like this are critical to advancing the technology needed to meet both near- and long-term goals that will enable broader scale vehicle electrification.”