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Shuttered auto plants will become EV factories thanks to $1.7 billion Biden program
The money will help keep some facilities from closing.
“This investment will create thousands of good-paying, union manufacturing jobs and retain even more—from Lansing, Michigan to Fort Valley, Georgia – by helping auto companies retool, reboot, and rehire in the same factories and communities.” The money is part of a larger $15.5 billion program administered by the Department of Energy, announced late last year, that seeks to retrofit existing manufacturing facilities into EV and clean vehicle assembly operations. The president has made EVs a central piece of his climate platform, approving billions of dollars in new spending on consumer incentives for car shoppers and charging station installations.
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