Mercedes-Benz Vans, LLC

Inflation Reduction Act (IRA) - Next Generation All Electric Van Production the Objective of the Project Is to Convert the Company’s U.s. Facility From Internal Combustion Engine (“ice”) Van Production Operations to Manufacture Next-generation All-electric Vans.

Committed

$285.0 Million

Paid to

UEI ZWTYSS6JNU27

8501 Palmetto Commerce Pkwy, Ladson, SC, 29456

Department of Energy

Place

LADSON, SC, UNITED STATES

SC-06

Performance

Jan 1, 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

Mercedes-Benz Vans, LLC

Committed

$285.0 Million

Paid to

Mercedes-Benz Vans, LLC

UEI ZWTYSS6JNU27

8501 Palmetto Commerce Pkwy, Ladson, SC, 29456

Department of Energy

Place

LADSON, SC, UNITED STATES

SC-06

Performance

Jan 1, 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 ↗