 The DoE expects than even before the latter goals are met, the 5-year cost of ownership of most plug-in hybrid electric vehicles and of all-electric vehicles with shorter ranges, such as , will be comparable to the same cost of ICE vehicles of similar size.In order to achieve these goals, the DoE is providing up to million over the next five years to fund the new Joint Center for Energy Storage Research (JCESR), a research center led by the Argonne National Laboratory in Chicago.An initial progress report for the initiative was released in January 2014.