Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups, impacting clean energy projects.
Matilda
Trump DOE Cuts Hit GM, Ford & Startups
Trump’s DOE Proposes Cutting Billions In Grants For GM, Ford, And Lots Of Startups The U.S. Department of Energy has sparked controversy once again. Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups , targeting programs meant to accelerate America’s clean energy transition. Image Credits:imaginima / Getty Images According to a TechCrunch analysis of internal documents, the proposed cuts could eliminate more than $500 million in contracts awarded to over a dozen startups. These grants were originally funded under the Bipartisan Infrastructure Law, and the new proposal adds to the $7.5 billion in cuts announced by the Trump administration just last week. Major Automakers Among The Hardest Hit It’s not just startups feeling the pinch. Automakers like Ford, General Motors, and Stellantis are also on the chopping block. Other companies set to lose hundreds of millions in grants include Daimler Trucks North America, Harley-Davidson, Mercedes-Benz Vans, and Volvo T…