Manufacturing

U.S. government gives US $1 billion to GM, Stellantis for EV projects

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Energy Secretary Jennifer Granholm (BLOOMBERG)
July 11, 2024 09:00 AM
EV plant conversions

Projects getting $1.7 billion from the Energy Department's Domestic Auto Manufacturing Conversion Grants program:

American Autoparts Inc. (Hyundai Mobis)

Toledo, Ohio
$32.6 million
Conversion of supplier's chassis assembly operation at Stellantis plant to support electric vehicles and plug-in hybrids

Blue Bird Body Co.

Fort Valley, Ga.
$79.7 million
Assembly of zero-emission school buses

Cummins

Columbus, Ind.
$75 million
Manufacturing of zero-emission components and electric powertrain systems

Stellantis

Belvidere, Ill.
$334.8 million
Reopening idled Jeep Cherokee assembly plant for electric vehicle production

Stellantis

Kokomo, Ind.
$250 million
Production of electric-drive modules

General Motors

Lansing, Mich.
$500 million
Electric vehicle assembly

Harley-Davidson

York, Pa.
$89 million
Increased production of Harley-Davidson and LiveWire EVs

Volvo Group

Macungie, Pa.; Dublin, Va.; Hagerstown, Md.
$208.2 million
Upgrades for battery-electric and fuel cell electric truck production

ZF North America

Marysville, Mich.
$157.7 million
Conversion of driveline production to EV components

Source: Department of Energy

The administration of U.S. President Joe Biden is giving a total of more than $1 billion (all figures in USD) to General Motors and Stellantis to support increased electric vehicle production.

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