Biden admin ramps EV spending in swing states as election nears
What is the total amount of EV funding announced?
The Biden administration announced a total of $1.7 billion in funding to convert 11 auto manufacturing and assembly plants to make electric vehicles or their supply chain components3. This funding is part of the Inflation Reduction Act and will be allocated to facilities in eight states, including Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia.
How many states will receive this EV funding?
Eight states will receive the EV funding: Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia.
Which states are included in the EV funding initiative?
The EV funding initiative includes eight states: Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia. These states will receive a share of the $1.7 billion in funding from the Energy Department to convert auto manufacturing and assembly plants to produce electric vehicles or their supply chain components.