Fca Us LLC

Inflation Reduction Act (IRA) -dare Forward: Fca Us Conversion of Belvidere Assembly Plant to Electric Vehicle Assembly Complex for Electrification, the Project Aspires to Reconfigure the Belvidere Assembly Plant (BVAP) Located in Belvidere, Illinois. This Facility Is Transitioning From Producing Traditional Internal Combustion Engines (ICE) Vehicles to Manufacturing Cutting-edge Electric Vehicles (ev). the Project Encompasses Significant Upgrades to Bvap’s Infrastructure Including State of the Art Equipment to Support the Advanced Manufacturing Processes of Ev Trucks.

Committed

$334.8 Million

Paid to

Fca Us LLC

UEI GVAKTC49BNJ8

1000 Chrysler DR, Auburn Hills, MI, 48326

Department of Energy

Place

BELVIDERE, IL, UNITED STATES

IL-16

Performance

Jan 15, 2025 → Dec 31, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to

Fca Us LLC

Committed

$334.8 Million

Paid to

Fca Us LLC

UEI GVAKTC49BNJ8

1000 Chrysler DR, Auburn Hills, MI, 48326

Department of Energy

Place

BELVIDERE, IL, UNITED STATES

IL-16

Performance

Jan 15, 2025 → Dec 31, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗