Moving charged particle produces a magnetic field. If a gravitational wave passes by stationary charged particle and makes it oscillate together with the space, would that movement produce an EM wave?
Light is a classical phenomenon, an electromagnetic wave described by sinusoidally varying electric and magnetic fields.
Photons are quantum mechanical elementary particles which are the building blocks of the classical wave, .
An interaction of photons and gravitons belongs to a quantization of gravity, which is in the research stage, but effective models do give photo production from graviton particle interactions, fig 4.
Considering that a gravitational wave consists of gravitons an accumulation of graviton-charged_particle interaction will build up to classical electromagnetic waves.
So the answer is yes, depending on a definitive model of quantization of gravity.