Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in 8 states
Which states are receiving the electric vehicle grants?
The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites in eight states. These states include Michigan, Pennsylvania, Georgia, Ohio, Illinois, Indiana, Maryland, and Virginia. The grants will support the creation or retention of thousands of union jobs and bolster auto-based communities that have long driven the U.S. economy.
How much total funding is the Biden administration awarding?
The Biden administration is awarding nearly $2 billion in grants to General Motors, Stellantis, and other carmakers5. The Energy Department will issue grants totaling $1.7 billion to create or retain thousands of union jobs and support auto-based communities. 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.
What is the purpose of the $1.7 billion in grants?
The $1.7 billion in grants aims to boost electric vehicle manufacturing and assembly in eight states, including Michigan, Pennsylvania, and Georgia6. The funds will help restart or expand manufacturing sites, create or retain thousands of union jobs, and support auto-based communities that have long driven the U.S. economy.