The Biden administration allocates $50M from the Inflation Reduction Act for electric vehicle manufacturing in six US states.

The Biden administration allocates $50M to support electric vehicle manufacturing in six US states with substantial automotive communities. This funding, part of the Investing in America plan, aims to transform manufacturing facilities for the electric vehicle supply chain, creating & maintaining hundreds of good-paying, high-quality union jobs, and supporting American auto communities. The investment falls under the Department of Energy's $2B Domestic Automotive Manufacturing Conversion Grant program, funded by the Inflation Reduction Act.

August 15, 2024
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