30 articles | last updated: Jul 12 14:42:00
DOE grants aim to convert struggling auto plants, create jobs, and bolster domestic EV production.
- The Department of Energy is funding the conversion of 11 auto plants to EV production across eight states.
- The initiative is expected to create 2,900 new jobs and secure 15,000 existing union jobs.
- Grants are part of the Inflation Reduction Act, focusing on reshoring clean energy manufacturing.
- General Motors and Fiat Chrysler are among the largest grant recipients.
- The Biden administration aims to enhance U.S. competitiveness against foreign EV manufacturers, particularly China.
People, Places and Things In This Story
- Electric vehicle Automotive class
- Joe Biden 46th U.S. President
- United States Country in North America
- General Motors Automotive manufacturer
- United States Department of Energy Government department
- Chrysler Automobile manufacturer
- China Country in East Asia
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