James J. Greenberger, the executive director of NAATBatt International, a trade group for the advanced battery industry, said ARPA-E had been of enormous benefit to the industry. “We’re absolutely stunned by it,” Mr. Greenberger said of the agency’s potential elimination, which he announced to industry leaders gathered at his group’s annual conference in Arizona. “I don’t know what’s going through the administration’s head. It’s almost surreal.”

Full story from The New York Times is here.