DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs
Baua Electric
JULY 16, 2024
Auto plants around the country are in danger of downsizing or shutting down altogether, and helping these facilities to retool for EV production instead makes economic sense. million to convert the shuttered Belvidere Assembly plant to build EVs, and $250 million to convert its Indiana Transmission Plant in Kokomo to produce EV components.
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