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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: Department of Energy
Type of Subsidy: federal allocated tax credit
Source of Data: Attachment to December 12, 2013 Energy Department press release: (click here)
Notes: Year is year credit approval was announced.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.