General Motors (GM) has secured a $500 million grant from the US Department of Energy (DOE) to support the production of electric vehicles (EVs) at its Lansing Grand River Assembly plant in Michigan.  

GM Secures $500 Million Grant from US DOE

This grant is part of the federal Domestic Manufacturing Conversion Grant program, which aims to bolster the US production of efficient hybrid, plug-in hybrid, electric, and hydrogen fuel cell vehicles.

This funding aligns with the broader strategy of GM to strengthen its supply chain and expand its electric vehicle offerings. Since 2020, the company has invested more than $12 billion in North American EV manufacturing and supply chain development. 

Lansing Grand River will join GM's network of plants in Michigan, Tennessee, Kansas, and Ohio dedicated to producing EVs.

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US Is Awarding $1.7 Billion to Auto Factories

This news comes after the Biden administration announced it will provide $1.7 billion in grants to 11 auto factories across eight states for EV production.

GM and Stellantis are slated to receive nearly $1.1 billion combined from these funds. The DOE's grants are designed to tackle the industry challenges and support the US auto industry's shift to EVs. 

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