Senator Stabenow Visits Global Battery Solutions to Announce Major Progress on Her Make It in America Agenda
Stabenow Highlights Progress Made to Advance Next Generation of American ManufacturingThursday, June 03, 2021
HOLLAND — U.S. Senator Debbie Stabenow (D-MI) visited Global Battery Solutions to highlight the major progress made on her Make It in America agenda. Global Battery Solutions is an industry leader in battery research and development and provides a comprehensive approach to repair, remanufacture, repurpose, and recycle batteries. Senator Stabenow’s bill to help manufacturers transition to a clean energy economy advanced in the Senate last week and would support businesses like Global Battery Solutions.
“For too long, countries have been outpacing the United States on funding new technologies, making critical components Americans rely on, and building electric vehicles. We are now at a crucial moment in our competition to win the clean energy manufacturing future for America and eliminate the real vulnerabilities we are seeing in our supply chains,” said Senator Stabenow. “The Senate Finance committee took action last week on efforts I have been leading to make sure we are investing in electric vehicles and clean energy manufacturing. This will help Michigan manufacturers transition to a clean energy economy and create good-paying jobs.”
“We’re moving toward the mobility of the future, and this electrification means a massive number of batteries,” said Kris Hunter, Global Battery Solutions CEO and Managing Partner. “Global Battery Solutions is focusing on innovations to support this transition, as well as providing our customers with a sustainable approach to battery lifecycle management -- to ensure that batteries are fully utilized and then responsibly recycled. We appreciate Senator Stabenow’s leadership in this new mobility space, and her efforts to support domestic supply chains, to ensure more high-tech jobs for Michiganders.”
U.S. Senator Debbie Stabenow is leading the effort in Congress to advance the next generation of American manufacturing and create good-paying jobs here at home.
Addressing the Semiconductor Shortage
The global semiconductor shortage has harmed our manufacturing industries and led to worker layoffs. It is alarming that American industry is so over-reliant on chips made in foreign countries. That is why Senators Stabenow and Peters authored a provision in the U.S. Innovation and Competition Act to provide $2 billion for the production of mature semiconductor technologies.
Clean Energy Manufacturing
Senator Stabenow’s American Jobs in Energy Manufacturing Act passed the Finance Committee as part of the Clean Energy for America Act on May 26th. It boosts manufacturing by providing a 30% tax credit to retool or build new facilities to produce clean energy technologies, like semiconductors, batteries and electric vehicles.
Electric Vehicle Consumer Tax Credit
Senator Stabenow is leading efforts to get more drivers behind the wheel of electric vehicles. The Clean Energy for America Act includes her expanded consumer tax credit. It provides a base credit of $7,500 with an additional $2,500 for vehicles made in America and an additional $2,500 for union labor for a maximum credit of $12,500. This bill was reported from the Finance Committee on May 26.
Buy American Laws
Senator Stabenow’s Make It In America Act will soon pass the Senate as part of the U.S. Innovation and Competition Act. It strengthens Buy American laws through increased transparency and accountability. And it closes loopholes so American tax dollars are buying American goods and services.
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