Eaton to receive DOE funding

Freeman Staff

August 15, 2014

WAUKESHA — A Menomonee Falls-based company will receive nearly $5 million from the U.S. Department of Energy for projects as part of President Barack Obama’s EV Everywhere Grand Challenge.

The initiative seeks to make the U.S. automotive industry the first to produce plug-in electric vehicles that are as affordable and convenient as current gasoline-powered vehicles by 2022.

Eaton Corporation received nearly $3 million for a project aimed at developing a new transmission and improving top speed and acceleration of medium duty plug-in electric vehicles.

The company also received $1.75 million for a project that will demonstrate an electric variable-speed supercharger operating with energy from a waste heat recover system on a small gasoline engine.

The funding was part of more than $55 million announced for 31 projects on Thursday.

www.energy.gov

www.eaton.com