Create a free Manufacturing.net account to continue

Michigan, Indiana Top Electric Vehicle Grants

Two states combined will receive largest portion of $2.4 billion in grants for development of electric vehicles and batteries, with Michigan receiving more than any other state.

DETROIT (AP) -- Vice President Joe Biden has told a Detroit audience that the U.S. needs to build on the city's "rich past" for the state's auto-dependent economy to recover.

Biden is in Michigan Wednesday to announce that the federal stimulus will provide $2.4 billion in taxpayer grants to develop next-generation electric vehicles and batteries -- and tens of thousands of jobs. Michigan is the largest recipient of those grants, garnering more than $1 billion.

Biden spoke at NextEnergy, a nonprofit that works with businesses on research involving alternative and renewable energy.

The Obama administration says 11 Michigan manufacturers and research facilities will receive grants. Forty-eight projects in 25 states will create or retain tens of thousands of jobs.

More in Supply Chain