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Press Release: USABC AWARDS $7 MILLION IN ADVANCED EV BATTERY DEVELOPMENT CONTRACTS TO FARASIS ENERGY AND PPG

SOUTHFIELD, Mich., May 11, 2017 – The United States Advanced Battery Consortium LLC (USABC), a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, today announced the award of two advanced electric vehicle (EV) battery development/manufacturing contracts, together valued at more than $7 million, to Farasis Energy Inc. in Hayward, California, and PPG in Allison Park, Pennsylvania.

The Farasis Energy contract award, valued at $5.9 million, is for the development of high-energy density, low cost lithium-ion (Li-ion) cell technology that meets USABC goals for advanced batteries for EVs for 2020 commercialization. The PPG contract, valued at $1.2 million is to develop and demonstrate NMP (N-methyl-2-pyrrolidone)-free cathode coatings with higher achievable thickness than conventional state-of-the-art coatings. The competitively bid contract awards are funded by the U.S. Department of Energy (DOE) and include a 50 percent cost share by the recipients.

The 32-month program with Farasis Energy will build on technology development efforts at Farasis and with other collaborators that, in some cases, have been supported through previous DOE-sponsored projects.

The 24-month program with PPG will advance the commercialization of higher energy density Li-ion battery cathodes as specified by USABC. Specifically, the program aims to demonstrate that PPG’s coatings can meet or exceed the USABC EV performance targets; be produced at scale by commercially viable methods; and reach USABC cost targets.

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR). Enabled by a cooperative agreement with the U.S. DOE, USABC’s mission is to develop electrochemical energy storage technologies that support commercialization 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.  For more information, visit http://www.uscar.org/usabc.

“The contract awards with Farasis Energy and PPG are part of USABC’s broad battery technology research and development programs,” said Steve Zimmer, executive director of USCAR. “Programs like these are critical to advancing the technology needed to meet both near- and long-term goals that will enable broader scale vehicle electrification.”

About DOE

The U.S. Department of Energy’s overarching mission is to advance the national, economic and energy security of the United States. DOE’s Vehicle Technologies Office works with industry, academia and national laboratories to develop advanced transportation technologies that reduce the nation's use of imported oil and increase its energy security. Electrochemical energy storage has been identified as a critical enabling technology for advanced, fuel-efficient, light and heavy-duty vehicles.

About USCAR

Now in its 25th year, USCAR is the collaborative automotive technology company for FCA US LLC, Ford Motor Company and General Motors. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development. For more information, visit www.uscar.org. 

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