Greentech Media said:
The Department of Energy announced $106M today in funding for 37 experimental projects that could radically change the ways that we think of “alternative energy.”
One of these projects is an inexpensive, rechargeable magnesium-ion battery for electric and hybrid-electric vehicle.
Pellion Technologies, Inc. – $3.2M – the project will develop an inexpensive, rechargeable magnesium-ion battery for electric and hybrid-electric vehicle applications. Computational methods and accelerated chemical synthesis will be used to develop new materials and chemistries.