Michigan Terminates Controversial EV Battery Plant
The state of Michigan is suspending incentives and seeking to recover millions from a Chinese business behind an electric vehicle battery plant project in northern Michigan.
The project had faced opposition from locals and national Republicans, and the state is now demanding the return of millions of dollars in incentives.
Michigan is demanding millions of dollars in incentives back from a Chinese company after plans to build an electric vehicle battery plant collapsed.
- The $2.36 billion factory was supported by Gretchen Whitmer in 2022.
- State lawmakers approved nearly $175 million in incentives for the project.
- The state is holding Gotion Inc. in default of $23.6 million, accusing the company of abandoning the project.
Author's summary: Michigan terminates EV battery plant project.