Tag: Department of Energy

Statement by UAW President Shawn Fain on the U.S. Department of Energy Announcing $15.5 Billion in New Grants and Loans to Support a Just Transition to Electric Vehicles

Today, the U.S. Department of Energy (DOE) announced $15.5 billion in new grants and loans to support a just transition to electric vehicles. This includes a $2 billion domestic conversion grant program, $10 billion in domestic conversion loans from the DOE Loan Program Office, and $3.5 billion in battery supply chain funding. UAW President Shawn Fain issued this statement about the new DOE grants and loans: “The UAW supports and is ready for the transition to a clean auto industry. But the EV transition must be a just transition that ensures auto workers have a place in the new economy. Today’s announcement from the Department of ... Read more

STATEMENT FROM UAW PRESIDENT SHAWN FAIN ON FEDERAL GOVERNMENT GIVING FORD $9.2 BILLION LOAN WITH NO STRINGS ATTACHED

Yesterday, the federal government announced a massive $9.2 billion giveaway loan to Ford Motor Co. through the Department of Energy to create 7,500 low-road jobs with no consideration for wages, working conditions, union rights or retirement security. This handout may further enrich Ford shareholders, but it shortchanges communities and the UAW members who produce Ford’s vehicles, powertrains and record-breaking profits. UAW President Shawn Fain’s response below: “We have been absolutely clear that the switch to electric engine jobs, battery production and other EV manufacturing cannot become a race to the bottom. Not only is the federal government not using its ... Read more