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Granholm divests from electric vehicle manufacturer

Energy Secretary Jennifer GranholmJennifer GranholmOvernight Energy: Biden admin backs Trump approval of major Alaska drilling project | Senate Republicans pitch 8 billion for infrastructure | EPA to revise Trump rule limiting state authority to block pipelines Granholm divests from electric vehicle manufacturer TSA formally directs pipeline companies to report cybersecurity incidents in wake of Colonial attack MORE has divested from electric vehicle manufacturer Proterra following scrutiny from Republicans over her ties to the company. 

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“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. 

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Republicans have raised concerns about Granholm’s holdings in Proterra, where she also formerly held a board position. Sen. John BarrassoJohn Anthony BarrassoGranholm divests from electric vehicle manufacturer Senate Republicans warn Biden against using reconciliation for infrastructure Watch live: GOP senators present new infrastructure proposal MORE (R-Wyo.) has gone as far as calling for an investigation by the department’s internal watchdog.  

He particularly pointed to President BidenJoe BidenPaul Ryan: Voters won’t be impressed by ‘yes-men and flatterers flocking to Mar-a-Lago’ Intelligence told White House they have unexamined evidence on coronavirus origins: report Milley says U.S. planning for potential evacuation of Afghan translators from region 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.