The White House announced on Monday that Vice President Kamala Harris along with Governor Gretchen Whitmer, Secretary of Energy Jennifer Granholm, and Acting Secretary of Labor Julie Su, declared a substantial funding boost for small and medium-sized auto manufacturers and autoworkers in Detroit, Michigan.
What Happened: The funding is part of the Vice President’s Economic Opportunity Tour and is aimed at bolstering the American auto industry. The announcement comes as a response to the decades-long trend of manufacturers moving overseas, which has led to the loss of numerous manufacturing jobs in the U.S.
The Biden-Harris administration’s Investing in America agenda has already seen companies announce over $170 billion in investments in electric vehicle (EV) and battery supply chain manufacturing. This has positioned the US as a global leader in EV manufacturing investment and has resulted in the creation of over 250,000 jobs in the auto industry.
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