Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in 8 states
The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential battlegrounds of Michigan, Pennsylvania and Georgia
WASHINGTON — The Biden administration is awarding nearly $2 billion in grants to General Motors, Stellantis and other carmakers to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential battlegrounds of Michigan, Pennsylvania and Georgia.
The Energy Department will issue grants totaling $1.7 billion to create or retain thousands of union jobs and support auto-based communities that have long driven the U.S. economy, the White House said Thursday. Besides the three battleground states, grants also will go to EV facilities in Ohio, Illinois, Indiana, Maryland and Virginia.
The grants cover a broad range of the automotive supply chain, including parts for electric motorcycles and school buses, hybrid powertrains, heavy-duty commercial truck batteries and electric SUVs, the White House said.
“Building a clean energy economy can and should be a win-win for union autoworkers and automakers,'' President Joe Biden said in a statement. “This investment will create thousands of good-paying, union manufacturing jobs and retain even more — from Lansing, Michigan to Fort Valley, Georgia — by helping auto companies retool, reboot and rehire in the same factories and communities.''
GM said Thursday that its $500 million federal grant will help the company convert an assembly plant in Lansing, Michigan to produce EVs. GM has already announced over $12 billion in investments in its North American EV manufacturing and supply chain since 2020.
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