Granholm divests from electric vehicle manufacturer

Granholm divests from electric vehicle manufacturer
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Energy Secretary Jennifer GranholmJennifer GranholmBiden: A good coach knows when to change up the team Overnight Energy & Environment — Biden announces green buildings initiative Overnight Energy & Environment — Earth records its hottest years ever MORE has divested from electric vehicle manufacturer Proterra following scrutiny from Republicans over her ties to the company. 

“Secretary Granholm has acted in full accordance with the comprehensive ethical standards set by the Biden Administration and has completed her divestment well ahead of the time required by her ethics agreement,” an Energy Department spokesperson said in an email. 

According to the department, Granholm has fully divested from her stock in the company, doing so 89 days into her time at the department's helm. This is less than half of the 180 days required under her ethics agreement. 


Republicans have raised concerns about Granholm’s holdings in Proterra, where she also formerly held a board position. Sen. John BarrassoJohn Anthony BarrassoWatch: GOP leaders discuss Biden's first year in office McConnell will run for another term as leader despite Trump's attacks Senate Minority Whip Thune, close McConnell ally, to run for reelection MORE (R-Wyo.) has gone as far as calling for an investigation by the department's internal watchdog.  

He particularly pointed to President BidenJoe BidenNorth Korea conducts potential 6th missile test in a month Clyburn predicts Supreme Court contender J. Michelle Childs would get GOP votes Overnight Defense & National Security — US delivers written response to Russia MORE’s virtual tour of a Proterra manufacturing plant as well as Granholm’s activities in promoting electric vehicles, batteries and infrastructure. 

A department spokesperson has said that Granholm didn’t play a role in Biden’s tour. 

Proterra makes electric buses and delivery trucks, as well as electric vehicle batteries. 

Biden and his administration have pitched electric vehicles as a climate solution, and his infrastructure plan calls for $174 billion in investments in this area.