Indiana Launches Grant Program for EV Suppliers

The new state initiative provides financial support for manufacturers transitioning to electric and hydrogen vehicle production.

Updated on Oct. 27, 2026 in Electric Vehicles

Isometric editorial illustration of a modular industrial electric vehicle drivetrain component, representing state support for automotive manufacturing technology.
Indiana Governor Mike Braun introduced the ADAPT grant program, utilizing $10.79 million to help automotive suppliers transition to electric vehicle manufacturing. AI Illustration. Upload story photo >

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Should states use public funds to help private manufacturers transition to electric and hydrogen vehicle production?

Indiana Governor Mike Braun has launched the ADAPT grant program to help state automotive suppliers transition toward electric and hydrogen vehicle component manufacturing. The program utilizes a $10.79 million U.S. Department of Energy award to assist regional businesses.

Why it matters

The program aims to secure the future of the state's automotive sector by helping small and medium-sized manufacturers adapt to the industry-wide shift toward hybrid, electric, and hydrogen fuel cell vehicle technologies. This transition is essential for sustaining the state's massive automotive production infrastructure.

The ADAPT program offers grants between $100,000 and $1 million per company, requiring a 1:1 investment match from participants. Eligible businesses are those within the state's supply chain that employ up to 1,500 people.

The players

Mike Braun

Mike Braun is the Governor of Indiana who officially launched the new state-level automotive grant program.

Indiana Economic Development Corporation

The Indiana Economic Development Corporation is the state agency responsible for managing the project reviews and oversight of the grant recipients.

U.S. Department of Energy

The U.S. Department of Energy is the federal agency providing the $10.79 million in funding for the Indiana-based manufacturing initiative.

The details

Recipients must use the funding for equipment, software, or workforce training to prepare for next-generation vehicle production. Participating firms are required to submit quarterly reports and undergo ongoing project reviews by the Indiana Economic Development Corporation and the Department of Energy.

Timeline

  1. Applications for the ADAPT program opened on October 27, 2026.

  2. The deadline for companies to submit grant applications is January 8, 2027.

  3. Grant awards are expected to be finalized in the spring of 2027.

  4. The deadline to implement projects and workforce training is December 31, 2028.

Roadmap

This program aligns Indiana with the broader U.S. Department of Energy automotive supply chain transition funding efforts. By incentivizing local manufacturers, the state aims to maintain its status as a top-tier automotive hub during the transition to electric and hydrogen power.

Small and medium-sized manufacturers in the state can now access capital to modernize their facilities and train their workforce for new technologies. This investment helps preserve the 34,000 jobs supported by the local automotive supply chain as the market shifts.

The takeaway

Manufacturers looking to remain competitive should evaluate their current equipment and workforce needs to meet the 1:1 investment requirement. Participating in the program ensures firms stay relevant as the industry moves toward electric and hydrogen propulsion.

What happens next

The deadline for companies to submit their applications for the ADAPT grant program is January 8, 2027, with awards expected to be finalized in the spring of 2027.

Further reading

Learn more about the state's transition efforts in the Electric Vehicles section.

Source note: This article includes information reported by WBIW.

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Should states use public funds to help private manufacturers transition to electric and hydrogen vehicle production?