The Department of Energy (DOE) announced it is spending $45 million of taxpayer money for 38 different projects for advanced transportation technologies. But private companies should be making these investments on their own to provide the best products available for consumers.
The 38 projects funded by DOE are going to universities, laboratories, and private companies for development of more efficient batteries for electric vehicles, advanced fuels and lubricants, efficient heating ventilations and air conditioning systems, and the next generation of lightweight materials to make cars lighter while not compromising safety.
The list of projects come across as innovative, cutting-edge, and perhaps transformative of the transportation industry. But automakers and other manufacturers are not paying for this research themselves; they’re relying on taxpayer money.