Detroit/ Politics & Govt
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Published on May 06, 2024
Vice President Harris Unveils $100 Million Investment in Detroit's Auto Industry to Accelerate Shift to Electric VehiclesSource: The White House, Public domain, via Wikimedia Commons

The White House announced that Vice President Kamala Harris is set to infuse Detroit's auto industry with some serious cash, earmarking $100 million to aid auto parts manufacturers in their shift toward electric vehicle production, a move signaling the administration's charge toward an electrified automotive future. According to CBS News Detroit, Harris joins Gov. Gretchen Whitmer and other officials on Monday to announce these hefty investments in the Motor City.

Hitting the gas on the EV market, $50 million is sourced from the Department of Energy's Automotive Conversion Grants program to assist small and medium-sized suppliers in transitioning from the production of internal combustion engine parts to EV components, while another $50 million from the Industrial Assessments Center Implementation Grants Program will focus on enhancing energy and material efficiency, cybersecurity, and productivity, the White House shared as reported by The Detroit News. These programs are just part of a larger commitment under the Biden-Harris Administration to maintain the auto industry as a cornerstone of American business.

The visit is a piece of a larger tour where the Vice President is spotlighting administration efforts in eradicating medical debt, forgiving student loans, and bolstering small businesses to create jobs, particularly in underserved communities, as detailed by CBS News Detroit. While the electrifying announcement promises a new leaf for manufacturers, it serves too as a political strategic drive, coming ahead of the 2024 election with Michigan pinned as a key battleground state.

Former President Donald Trump, a vocal critic of EV policies, recently lambasted the Biden administration's push during a rally, calling it an "economic bloodbath" and mocking the range of EVs compared to that of gas-powered vehicles — despite automakers themselves acknowledging the inevitability of this industry shift, according to The Detroit News. Meanwhile, state labor officials such as Jonathan Smith, a senior deputy at Michigan's Department of Labor and Economic Opportunity, hailed the administration's vision in positioning the state's workforce at the vanguard of the EV revolution and adopting a proactive stance on an issue that has historically caught the industry off-guard.

Monday's pronouncement from VP Harris will not only thrust Michigan into the EV spotlight but also, with the allocation coming from the Inflation Reduction Act and the Bipartisan Infrastructure Law, aims to give small- and medium-sized businesses the leg up necessary to steer into an increasingly electric future, a maneuver that resonates with economic and environmental chords alike.