The United States Advanced Battery Consortium (USABC), an organization composed of DaimlerChrysler Corporation, Ford Motor Company and General Motors Corporation, has awarded a $15-million lithium iron phosphate battery technology development contract to A123Systems. (Earlier post.)
USABC awarded the contract in collaboration with the US Department of Energy (DOE) to develop lithium iron phosphate battery technology for hybrid-electric vehicle applications. The contract is for 36 months with a focus on systems that are high-power, abuse-tolerant and cost effective.
USABC is a consortium of the United States Council for Automotive Research (USCAR). Supported by a cooperative agreement with the DOE that provides up to 50 percent of the USABC budget, USABC’s mission is to develop electrochemical energy storage technologies that support commercialization of fuel cell, hybrid and electric vehicles.
A123Systems’ contract involves developing the next-generation lithium iron phosphate battery. The goals for this program are significant increases in power, reduction in cost, high abuse-tolerance and long battery life.
The new contract is A123Systems’ first with USABC.
Founded in 1992, the United States Council for Automotive Research (USCAR) is the umbrella organization for collaborative research among DaimlerChrysler Corporation, Ford Motor Company and General Motors Corporation. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development.