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Reuters: US may pull US$1.1bn EV grants from GM, Stellantis

The potential cuts would come as part of a wider US$12bn revocation of clean energy grants provided by the Biden administration. By Stewart Burnett

The US Department of Energy is weighing whether to revoke nearly US$1.1bn in grants awarded to Stellantis and General Motors to convert existing factories for electric vehicle (EV) production, according to a new Reuters report. The funding, announced in July 2024 as part of a US$1.7bn package to support automotive retooling, is now at risk as a partial government shutdown forces a reassessment of clean energy spending.

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https://www.automotiveworld.com/articles/reuters-us-may-pull-us1-1bn-ev-grants-from-gm-stellantis/

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