Biden’s $12 Billion Answer To Converting The Trillion Dollar Auto Industry ...Middle East

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Biden’s $12 Billion Answer To Converting The Trillion Dollar Auto Industry
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The Biden administration is offering $12 billion in grants and loans to automakers and suppliers to retrofit their plants to manufacture electric vehicles and other advanced vehicles, Energy Secretary and former governor of car-manufacturing state Michigan, Jennifer Granholm, has announced.  "While we transition to EVs, we want to ensure that workers can transition in place, that there is no worker, no community left behind," Granholm told reporters in a call. Vehicle manufacturers will receive speeding grants and other subsidies that will…

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