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Biden Orders Funneling of $50 Million to Boost Electric Vehicle Production

Biden Orders Funneling of $50 Million to Boost Electric Vehicle Production


This article was originally published on American Greatness - News. You can read the original article HERE

The Biden-Harris Administration’s Department of Energy (DOE) plans to redirect about $50 million into six different states in order to boost the production of electric vehicles (EVs), which remain widely unpopular with the American people.

As reported by Axios, the money will allegedly be used to force smaller and medium-sized automobile suppliers to convert their facilities into becoming EV compliant. The initiative will focus primarily on states where the automobile industry is a major factor in the economy, including the crucial swing state of Michigan.

The DOE announced on Thursday the six states that would be receiving funds: Michigan will be receiving the most, at $18.4 million, followed by Ohio at $9.4 million, Indiana with $8.8 million, Kentucky’s $4.9 million, Tennessee at $4.5 million, and Illinois with $4.1 million.

The funding for this measure comes from the Inflation Reduction Act (IRA) passed in 2022, which, despite its name, focuses much more heavily on so-called “global warming” rather than combating inflation. The funds will be distributed by the DOE’s Office of Manufacturing and Energy Supply Chains, which was created in 2022 following the passage of the infrastructure law in 2021.

“By helping states and manufacturers navigate the emerging EV manufacturing industry, today’s announcements will help ensure the workforces that defined America’s auto sector for the last 100 years will have the opportunity to shape the next 100 years,” said Energy Secretary Jennifer Granholm in a statement.

The money could be spent on a variety of components in the EV production process, including high-tonnage presses that manufacture the various parts of an EV, as well as marketing to promote the sale of such vehicles.

This initiative is the latest example of the Biden-Harris Administration aggressively forcing the automobile market to accept EVs, despite consumer demand for such vehicles remaining historically low. Last month, the DOE announced that it would be spending up to $1.7 billion on converting at-risk or abandoned automobile plants into facilities that support EV production. The White House’s goal is to see EVs account for half of all passenger vehicle sales by the year 2030.

This article was originally published by American Greatness - News. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

Read Original Article HERE



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