Energy Dept. spends $43 billion on researching better electric car batteries

The Daily Caller reports:

The Department of Energy continues to make good on President Barack Obama’s promise to double down on electric car research and development.

The DOE announced on Thursday that it is giving out $43 billion for 19 new research projects aimed at improving energy storage technology, such as batteries for electric cars and storage for electric grids, and for the U.S. military in remote bases around the world.

The research would directly benefit cars like the Nissan Leaf and the subsidy-backed Chevrolet Volt, whose battery literally flamed out late last year, sparking a congressional inquiry into its safety.

The cost and failure of central planning.