General Motors LLC

Inflation Reduction Act (IRA) Electric Vehicle (EV) Conversion the Recipient Will Convert an Existing Vehicle Assembly Facility Located in the United States to Electric Vehicle (EV) Production. the Conversion Will Enable Expansion of Domestic Ev Production, Components, and Materials.

Committed

$500.0 Million

Paid to

General Motors LLC

UEI ENL2YGW8BCW1

895 Joslyn Ave, Pontiac, MI, 48340

Department of Energy

Place

LANSING, MI, UNITED STATES

MI-07

Performance

Jan 1, 2025 → May 31, 2026

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

General Motors LLC

Committed

$500.0 Million

Paid to

General Motors LLC

UEI ENL2YGW8BCW1

895 Joslyn Ave, Pontiac, MI, 48340

Department of Energy

Place

LANSING, MI, UNITED STATES

MI-07

Performance

Jan 1, 2025 → May 31, 2026

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 ↗