On June 16, 2009, the Department of Energy ("DOE") announced the funding of seven research projects for the development of advanced batteries for electric drive vehicles. The projects focus on improving performance and decreasing the cost of batteries for plug-in hybrid electric vehicles ("PHEVs"). PHEVs are designed to be driven in electric-only mode and can be recharged from a standard electric outlet.
These research projects were selected under a Funding Opportunity Announcement ("FOA") released on February 29, 2008. So far, a total of ten projects have been awarded under this FOA. The most recent awardees include:
| Company | Award | Project Description |
| A123Systems, Inc. | $1.1 million | High throughput electrode fabrication process for lithium ion battery technology |
| Angstron Materials LLC, K2 Energy Solutions, General Motors Corp., and HST Auto | up to $3.2 million | Hybrid nano carbon fiber/graphene platelet-based high-capacity anodes for lithium batteries |
| EnerDel Inc. | up to $3.3 million | Chemical shuttle agent that will eliminate the danger of overcharging lithium ion batteries |
| MaxPower Inc. | up to $500,000 | Adapt MaxPower’s present battery management systems for lithium-ion batteries to recognize the imminent appearance of an internal short circuit |
| North Carolina State University and American Lithium Energy LLC | up to $1.35 million | High-energy composite nanofiber anodes for materials for lithium ion batteries |
| SION Power Corp | up to $800,000 | Lithium sulfur (Li-S) rechargeable battery chemistry |
| TIAX LLC | up to $2.36 million | Understanding and preventing internal short circuits in lithium ion cells |