Biden Admin Announces $1.7 Billion to Modernize Auto Manufacturing Facilities

Eleven plants will receive grants to retrofit and produce electric vehicles.

A worker’s reflection on a mirror framing a lithium-ion battery production line at a plant in Huzhou, China, owned by Microvast Holdings, whose Texas-based subsidiary qualified to negotiate for a $200 million U.S. Department of Energy grant to build lithium batteries in the United States. Stringer/Reuters

The federal government is spending $1.7 billion to modernize automobile manufacturing facilities, helping the industry compete with foreign subsidies and create and protect jobs.

As part of the Automotive Community Benefits Plan, the current administration will extend grants to 11 selected manufacturing plants in eight states, including in Georgia, Michigan, and Pennsylvania, that have temporarily closed or were at risk of closing.