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Trump may cancel $1B in federal grants to auto and chemical firms, affecting EV and battery projects.
President Trump is considering canceling $1 billion in federal grants awarded to General Motors, Stellantis, and other companies for automotive and chemical projects, according to multiple reports.
The move, part of a broader review of federal spending, could impact electric vehicle and battery manufacturing initiatives.
No final decision has been made, and the administration has not provided further details on the potential cancellation.
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Trump puede cancelar $ 1B en subvenciones federales a las empresas automotrices y químicas, afectando a los proyectos de EV y baterías.