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The Biden Administration is Issuing Almost $2 Billion for EV and Related Development

The Truth About Cars

The White House recently issued grants totaling almost $2 billion to facilities in eight states. Biden’s grants will bolster EV supply chains, promote electric school buses, and boost commercial EV development. Facilities in Georgia, Michigan, Pennsylvania, Ohio, Indiana, Illinois, Maryland, and Virginia are on the list.

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DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

To these ends, the US Department of Energy has established the Domestic Manufacturing Conversion Grant Program. This IRA-funded program will provide direct grants to recently closed or at-risk facilities to fund the retooling efforts needed to transform production lines from ICE to EV production. billion in funding.

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GM and Stellantis to receive over $1 billion from Biden administration for EV projects

Teslarati

These include $500 million for GM’s Lansing Grand River Assembly plant in Michigan, $334.8 The facilities that would be supported by the grant are located in Michigan, Indiana, Illinois, Pennsylvania, Ohio, Virginia, Maryland, and Georgia. US President Joe Biden also shared his optimism about the DoE’s grants.

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Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

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Volvo, ZF, Cummins win $441 million in DOE funding to accelerate heavy-duty electric truck production – Charged EVs

Baua Electric

The US DOE has awarded nearly half a billion bucks to three companies under the Domestic Manufacturing Conversion grant program to help accelerate the production of heavy-duty electric trucks and related powertrain components. The projects are expected to create 295 new union jobs for Volvo and Mack.

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Biden awards $1.7B to bring auto manufacturing back to 8 states

Baua Electric

billion in grant awards today targeted at helping automakers keep 11 troubled manufacturing plants open and to start building EVs there. The grants are part of the “ Domestic Conversion Grant Program ,” intended to direct government support to help convert plants over to electric vehicle manufacturing.

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ALTe Powertrain and Inmatech form JV for hybrid electric storage devices; Li-ion cells, supercaps, and control electronics

Green Car Congress

a spin-off from the University of Michigan and developer of advanced asymmetric supercapacitors, to produce and sell hybrid electric storage (HES) devices comprising Li-ion batteries, supercapacitors and control electronics. Earlier post.). Inmatech supercapacitors are based on early transition metal carbides and nitrides.

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