Subsidy Tracker Individual Entry

Company: 
General Motors Company
Parent Company: 
General Motors
Subsidy Source: 
federal
State in Which Facility Is Located: 
Michigan
City: 
Detroit
Project Description: 

General Motors Company was selected for a 48C tax credit of more than $20 million in connection with its Detroit-Hamtramck Assembly Plant where the company manufactures Extended Range Electric Vehicles --Chevrolet Volts and the Cadillac ELR electric luxury coupe -- along with internal combustion cars. Production of these vehicles at Detroit-Hamtramck will support development of propulsion technologies and advanced electric-drive vehicles that reduce greenhouse gas emissions and petroleum consumption.

Year: 
2013
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$20,000,000
Program Name: 
Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency: 
Energy Department
Type of Subsidy: 
federal allocated tax credit
Source of Data: 

Attachment to December 12, 2013 Energy Department press release: http://energy.gov/sites/prod/files/2013/12/f5/48C%20Phase%20II%20Selecti...

Notes: 

Year is year credit approval was announced.

Source Notes: 
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