GM and Stellantis to receive over $1 billion from Biden administration for EV projects
Teslarati
JULY 11, 2024
The US DoE noted that the Domestic Manufacturing Auto Conversion Grants , which are designed to help automakers switch from the production of combustion-powered vehicles to electric cars, are funded through the Inflation Reduction Act. John Podesta, Senior Advisor to the President for International Climate Policy, welcomed the grant.
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