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DOE Announces $1.7 Billion to Modernize Legacy Automotive Facilities for Electric Vehicle Manufacturing

DOE Announces .7 Billion to Modernize Legacy Automotive Facilities for Electric Vehicle Manufacturing

DOE announced an investment of nearly $2 billion to modernize 11 threatened or closed automotive manufacturing and assembly sites to produce electric vehicles and components. These facilities are located in eight states (Georgia, Illinois, Indiana, Maryland, Michigan, Ohio, Pennsylvania, and Virginia) and will contribute to U.S. electrification efforts across the entire electric vehicle supply chain.

“Even as our competitors invest heavily in electric vehicles, these grants ensure our auto industry remains competitive, in the communities and with the workforce that has supported the auto industry for generations,” said U.S. Secretary of Energy Jennifer Granholm.

Funded by the Inflation Reduction Act, the investments are also expected to support the creation of more than 2,900 new jobs and retain 15,000 workers.

“These grants will help ensure that the future of the auto industry is built in America by American union workers,” President Joe Biden said in a statement.

Successful applicants include automakers and suppliers such as General Motors, Volvo, Cummins and others. Winners’ selections are subject to negotiation, and DOE will conduct environmental reviews.

View the full list of selections and project descriptions here.