Oddbean

Biden administration awards $1.7 billion in grants for electric vehicle manufacturing in eight states ========== The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites owned by General Motors, Fiat Chrysler, Volvo, and other carmakers in eight states. The Energy Department will issue grants totaling $1.7 billion to create or retain thousands of union jobs and support auto-based communities. The grants cover 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 grants are paid for by the landmark 2022 climate law and will help deliver on President Joe Biden's commitment to ensure the future of the auto industry is made in America by American union workers. The selected projects would create more than 2,900 jobs and help retain about 15,000 union workers across all 11 facilities. Transportation accounts for the single largest source of U.S. greenhouse gas pollution, and Biden has made electric vehicles a key part of his climate agenda. #ElectricVehicles #Manufacturing #Grants #BidenAdministration #AutomotiveIndustry #ClimateAgenda https://www.pbs.org/newshour/politics/biden-administration-awards-1-7-billion-in-grants-for-electric-vehicle-manufacturing-in-eight-states