13 Jun 2025
🔋Notice on Electrified Vehicle and Energy Storage Evaluation Initiative
Notice Pursuant to the National Cooperative Research and Production Act of 1993-Electrified Vehicle and Energy Storage Evaluation-II
Summary
The Department of Justice's Antitrust Division issued a notice regarding the Electrified Vehicle and Energy Storage Evaluation—II, a venture involving key industry players like Ford and Honda, aimed at improving understanding of battery energy storage systems for various applications. The initiative will study both normal and abusive use cases of lithium-ion batteries.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$$ - High
The text relates to a cooperative venture involving major companies aimed at advancing battery energy storage technologies, which suggests compliance and regulatory frameworks under antitrust laws. This could impact businesses in the electric vehicle and energy sectors, indicating collaboration opportunities and potential financial incentives for involved parties.