On Thursday, the Biden administration unveiled a multi-billion dollar plan to support automakers in scaling up the production of electric vehicles (EVs) that the vast majority of Americans have said they don’t want.

The Department of Energy (DOE) has committed $1.7 billion to aid manufacturers in converting closed or underperforming facilities to produce electric vehicles (EVs) or their components. This initiative targets eight states, including pivotal swing states like Pennsylvania and Georgia.

The funding is part of a broader effort that includes an additional $12 billion announced in August 2023 to support major manufacturers in retrofitting plants for EV production. Collectively, the money is projected to retain 15,000 union jobs and create nearly 3,000 new positions.

All of the chosen companies expect to collaborate with local unions, as per the DOE. The chosen companies will offer employees benefits such as job training, childcare, and retirement benefits.

“Fiat-Chrysler, a major manufacturer with a market cap of about $25 billion, is set to receive more than $334 million for its plant in Belvidere, Illinois, and nearly $250 million for its facility in Kokomo, Indiana. Harley Davidson is poised to get $89 million for EV conversion at a plant in York, Pennsylvania, while Volvo is set to reap about $208 million to boost zero-emissions truck production across facilities in Pennsylvania, Virginia and Maryland,” The Daily Caller reported.

The administration is aggressively promoting electric vehicles (EVs) to American consumers, utilizing strict regulations and significant federal funding. Despite these efforts, major automakers are reportedly facing financial losses on their EV lines. Additionally, recent surveys suggest that many Americans, including current EV owners, remain unconvinced of the advantages of electric vehicles compared to traditional internal combustion engine vehicles.

Also, the U.S. EV market is at a “low-tide moment,” according to a May analysis by J.D. Power, and used EV prices have fallen by 16.6% over the last year, according to Axios.