Search Prime Grants

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.
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.
Place of Performance
Kokomo, Indiana 46901-5956 United States
Geographic Scope
Single Zip Code
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
100% Complete

Funding Split
$250.0M
Federal Obligation
$283.5M
Non-Federal Obligation
$533.5M
Total Obligated
47.0% Federal Funding
53.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEMS0000087

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
Modified: 1/21/25