The United States is making $12 billion available in grants and loans for automakers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm told reporters Thursday.
The Biden administration will also offer $3.5 billion in funding to domestic battery manufacturers, Granholm said.
For the advanced vehicles, $2 billion of the funding will come from the Inflation Reduction Act which Democrats passed last year, and $10 billion will come from the Energy Department’s Loans Program Office, Granholm said.
Make the Democrat Party Pay for it !!! America is BROKE No More Billions $$$$$$$ to Piss Away !!!!!!!!!
Put that DAMN $$$$ in our SOCIAL SECURITY & MEDICARE & MEDICAIDE !!!!!!!!! SNAP Too !!!!! PRIORITY !!