DOE’s Proposed Cuts Could Hit EV Startups and Automakers Hard

[etfs]

The U.S. Department of Energy is reportedly planning to cut more than $500 million in clean-energy grants, potentially hitting EV startups and major automakers like Ford, GM, Stellantis, and Daimler Trucks, according to TechCrunch.

These cuts follow an earlier $7.5 billion rollback under the Trump administration’s budget plan, targeting programs from the Bipartisan Infrastructure Law.

Among the biggest losses: Brimstone’s $189M low-carbon materials plant and Anovion’s synthetic graphite factory for EV batteries.

Analysts warn the move could stall U.S. EV manufacturing and climate tech innovation, slowing progress toward domestic clean-energy goals.

[kelson10]

If DOE funding gets cut, small EV startups will be the first to suffer. Innovation depends heavily on these grants and subsidies, especially for battery tech development.

[Nahid10]

This move could slow down EV growth across the US. Without support, even established automakers may rethink expansion plans in clean energy vehicles.