Trump's Energy Department Moves to Slash Billions in Grants to GM, Ford, and Startups
October 08, 2025
The U.S. Department of Energy, under the Trump administration, is planning to rescind grants worth billions, a decision that impacts automotive giants like General Motors and Ford, as well as numerous startups. These grants, originally awarded during the Biden administration, aimed at fostering innovation and sustainability in the automotive sector, are now under threat, raising concerns about the future of these initiatives.