The U.S. Department of Energy is reportedly considering withdrawing nearly $1.1 billion in federal funding initially awarded to Stellantis and General Motors to support the conversion of electric vehicle manufacturing.
According to Reuters, the DOE review is part of a larger evaluation of roughly $12 billion in federal awards that could be canceled or suspended as the government contends with a partial shutdown. These funds were part of the Biden administration’s broader push to modernize legacy auto plants and secure American leadership in EV production.
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