The White House announced Thursday it’s providing $1.7 billion to convert shuttered or at-risk auto manufacturing and assembly facilities to make fuel-efficient and electric vehicles.
The funding, which administration officials said will go to 11 unionized facilities, is aimed at easing concerns that the administration’s push to transition to electric vehicles would eliminate domestic auto manufacturing jobs.
“This investment will create thousands of good-paying, union manufacturing jobs and retain even more — from Lansing, Michigan to Fort Valley, Georgia — by helping auto companies retool, reboot, and rehire in the same factories and communities,” President Joe Biden said in a statement. The funds come from the 2022 climate and tax law.
