U.S. Energy Secretary Steven Chu announced awards totaling nearly $7 million in research and development funding to help to reduce the costs of electric vehicle charging systems by 50 percent over the next three years. Three major electrical manufacturers won a share of the funding:
Siemens Corporate Research, Princeton, N.J., received $1,617,619 to redesign its residential EVSE systems to enable flexible, intelligent control of charging.
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.