DEMS0000087
Project Grant
Overview
Grant Description
Inflation Reduction Act (IRA) - FCA US LLC conversion of Indiana transmission plant for electric drive module production,
This project will enable the continuous manufacturing of vehicle propulsion systems in the existing facility,
minimizing supply chain disruption risk and securing long-term employment for the facility’s UAW-represented workforce as the company transitions to an electrified future.
This project will enable the continuous manufacturing of vehicle propulsion systems in the existing facility,
minimizing supply chain disruption risk and securing long-term employment for the facility’s UAW-represented workforce as the company transitions to an electrified future.
Awardee
Funding Goals
THE PURPOSE OF THIS FUNDING OPPORTUNITY ANNOUNCEMENT IS TO PROVIDE GRANTS AND LOAN GUARANTEES TO CLEAN VEHICLE MANUFACTURERS AND SUPPLIERS, INCLUDING COMPONENT MANUFACTURERS.
Grant Program (CFDA)
Awarding Agency
Funding Agency
Place of Performance
Kokomo,
Indiana
46901-5956
United States
Geographic Scope
Single Zip Code
Related Opportunity
FCA US was awarded
IRA - FCA US LLC Indiana Transmission Plant Conversion Electric Drive Module Production
Project Grant DEMS0000087
worth $249,999,999
from the Department of Energy in January 2025 with work to be completed primarily in Kokomo Indiana United States.
The grant
has a duration of 5 months and
was awarded through assistance program 81.253 Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications.
$283,493,716 (53.0%) of this Project Grant was funded by non-federal sources.
The Project Grant was awarded through grant opportunity Domestic Manufacturing Conversion Grants.
Status
(Complete)
Last Modified 1/21/25
Period of Performance
1/15/25
Start Date
6/30/25
End Date
Funding Split
$250.0M
Federal Obligation
$283.5M
Non-Federal Obligation
$533.5M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
DEMS0000087
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892412 OFFICE OF MANUFACTURING AND ENERGY SUPPLY CHAINS (MESC)
Awardee UEI
GVAKTC49BNJ8
Awardee CAGE
5KAV0
Performance District
IN-05
Senators
Todd Young
Mike Braun
Mike Braun
Modified: 1/21/25