Joe Biden to Dole out $2 Billion to Boost Electric Vehicles in Swing StatesSean Moran 11 Jul 2024
The Biden Energy Department on Thursday announced nearly $2 billion will be released to save at-risk or shuttered plants if they convert to electric vehicles across swing states such as Michigan or Pennsylvania.
The Biden administration is using $2 billion that came from the Inflation Reduction Act, which is commonly referred to as a climate change bill, as it attempts to combine manufacturing and climate change policies.
The funds will be used to help with conversions and retooling projects across eight states to make electric vehicles and other related parts.
“This announcement is a hallmark of the Biden administration’s industrial strategy, which is a strategy to bring manufacturing and jobs back to America after years of offshoring,” Jennifer Granholm told reporters on Thursday.
However, some of the 11 facilities that will receive funding are in swing states as Pennsylvania, Michigan, Georgia, and Virginia. General Motors, Stellantis, Volvo, Harley-Davidson, and suppliers such as American Auto Parts will receive the funding, and Biden officials said it would ensure over 15,000 union workers keep their jobs, and create approximately 3,000 jobs.
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https://www.breitbart.com/politics/2024/07/11/biden-to-dole-out-2-billion-to-boost-electric-vehicles-in-swing-states/