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DOE granting $1.7 billion to boost EV manufacturing and the supply chain

By Michelle Froese | July 12, 2024

As part of President Biden’s Investing in America agenda, the US Department of Energy (DOE) announced $1.7 billion to support the conversion of 11 shuttered or at-risk auto manufacturing and assembly facilities across eight states — Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia — to manufacture electric vehicles (EVs) and their supply chain.

These investments will create and retain thousands of good-paying union jobs and support the American auto communities that have driven the US economy for generations.

The Domestic Manufacturing Auto Conversion Grants program helps ensure that the US continues to lead the world in auto manufacturing. The selectees will negotiate for awards to enable them to manufacture products, covering 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.

The announcement complements the $177 billion in private sector investment in EV and battery manufacturing spurred to date by the President’s Investing in America agenda. This program also supports the Biden-Harris Administration’s efforts to strengthen domestic supply chains, support American workers, and bolster America’s global leadership in manufacturing.

The award selections are subject to negotiations to ensure that commitments to workers and communities are met. DOE will also complete environmental reviews to ensure that the awards are consistent with the Administration’s commitments to clean, environmentally responsible manufacturing, and include appropriate mitigation as needed. If awarded, the selected projects would collectively create over 2,900 new high-quality jobs and help ensure over 15,000 highly skilled union workers are retained across all eleven facilities.

The Domestic Auto Manufacturing Conversion Grants program, funded by the Inflation Reduction Act, invests in the domestic production of efficient hybrid, plug-in electric hybrid, plug-in electric drive, and hydrogen fuel cell electric vehicles. This program aims to expand manufacturing of light, medium, and heavy-duty electrified vehicles and components and support commercial facilities including those for vehicle assembly, component assembly, and related vehicle part manufacturing.

Project descriptions and a full list of selections can be found here.    

 

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Filed Under: Technology News
Tagged With: departmentofenergy
 

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