Granholm divests from electric vehicle manufacturer

Granholm divests from electric vehicle manufacturer
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Energy Secretary Jennifer GranholmJennifer GranholmEnergy Department to seek feedback on voluntary nuclear waste facilities The massive messaging miscues of all the president's men (and women) White House looks to rein in gas prices ahead of busy travel season 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 BarrassoCongress averts shutdown after vaccine mandate fight Sunday shows - Spotlight shifts to omicron variant Barrasso calls Biden's agenda 'Alice in Wonderland' logic: 'He's the Mad Hatter' MORE (R-Wyo.) has gone as far as calling for an investigation by the department's internal watchdog.  

He particularly pointed to President BidenJoe BidenHouse passes 8B defense policy bill House approves bill to ease passage of debt limit hike Senate rejects attempt to block Biden's Saudi arms sale 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.