Biden Offers $1.7 Billion to Help Factories Build Electric Vehicles

The federal government will grant car and auto parts factories in eight states $1.7 billion to begin producing electric vehicles and other clean energy technology, the Biden administration announced on Thursday.Among the 11 recipients will be a Jeep factory in Belvidere, Ill., that the brand’s parent company Stellantis closed last year.The money will allow the plant to reopen and produce electric vehicles, officials said, restoring almost 1,450 jobs.Other beneficiaries include a factory in Georgia that plans to make Blue Bird electric school buses, a General Motors factory in Michigan that will shift production from gasoline to electric vehicles, and a Harley-Davidson factory in Pennsylvania that will increase production of electric motorcycles.The funding helps to address fears that electric vehicles will endanger jobs at factories that make gasoline-powered vehicles or parts for internal combustion engines as the industry shifts to E.V.s.

To qualify for the money, companies had to commit to retraining their existing workers.Employees at all of the factories chosen are represented by unions.Officials said they gave priority to communities that suffered disproportionately from pollution or lack of investment.Several of the factories are in Pennsylvania, Michigan or Georgia, states where narrow margins will determine the outcome of the presidential election.

President Biden, in a statement, sought to contrast his industrial policies with those of former President Donald J.Trump.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.

If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: The New York Times

Recent Articles