U.S. Department of Energy Awards $50 Million To Support Manufacturers in EV Supply Chain
The U.S. Department of Energy (DOE), through the Office of Manufacturing and Energy Supply Chains (MESC), announced $50 million for six states with significant automotive workforces to help small- and medium-sized suppliers adapt manufacturing facilities for the electric vehicle (EV) supply chain. This funding is made possible by the Department’s $2 billion Domestic Automotive Manufacturing Conversion Grant program, funded by the Inflation Reduction Act.
The announcement on state allocations follows an April 2024 Request for Information, seeking input from local, state, federal, and non-government entities on current and/or new state-federal partnerships that could enable federal funding to reach automotive suppliers embarking on the transition to serve the electric, hybrid, or fuel cell vehicle supply chains. Eligible grantees must be a state, territory, or the District of Columbia, have a workforce at least 0.5% of which is in the automotive sector, and qualify for at least $4 million of grant funding. Under these criteria, six states are eligible:
- Michigan: $18,406,420.45
- Ohio: $9,373,236.32
- Indiana: $8,770,249.81
- Kentucky: $4,876,458.57
- Tennessee: $4,513,688.68
- Illinois: $4,059,946.17
States have until October 15, 2024 at 5:00 pm ET to submit an application.
