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US Providing Up to $12 Billion to Retrofit Auto Plants for EVs

2023-09-01 00:18
The US Energy Department is making up to $12 billion available for automakers to retrofit their facilities to
US Providing Up to $12 Billion to Retrofit Auto Plants for EVs

The US Energy Department is making up to $12 billion available for automakers to retrofit their facilities to make electric vehicles, hybrids and other clean vehicles.

The funding will include $10 billion from a federal loan program for clean vehicles, US Energy Secretary Jennifer Granholm said during a briefing Thursday.

The effort will support projects in longstanding auto making communities to help retain workers, she said.