Biden awards $1.7 billion to boost electric vehicle manufacturing and assembly in 8 states, including Indiana

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The grants cover a broad range of the automotive supply chain, the White House said, including electric motorcycles, school buses, hybrid powertrains and more.A Chicago Transit Authority electric bus charges at Navy Pier Tuesday, Feb. 14, 2023, in Chicago. The Energy Department will issue grants totaling $1.7 billion to create or retain thousands of union jobs and support auto-based communities that have long driven the U.S. economy, the White House said Thursday.

The new grants complement $177 billion in private sector investment in EV and battery manufacturing since Biden took office, Granholm and other officials said. “The president will not take his foot off the pedal when it comes to supporting the U.S. auto industry,'' said White House national economic adviser Lael Brainard.

 

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