DOE Awards Grant to Develop Permanent Magnets for Efficient Electric Cars

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"The goal of the three-year project at VCU is to use the magnetic carbide-based composite to develop a magnet for use in a prototype electric motor."

Azom

Virginia Commonwealth University has received a contract totaling $2.9 million (M) from the U.S. Department of Energy's Advanced Research Projects Agency-Energy, ARPA-E, to develop and design a new class of permanent magnets to be used in energy-efficient electric car motors or generators.

The VCU-led research is one of 14 projects being funded through ARPA-E's Rare Earth Alternatives in Critical Technologies program, or REACT, which awarded a total of $31.6M in funding to academic institutions across the country for similar projects last month. . . View Full Article

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