Michigan terminates controversial EV battery plant and seeks to claw back millions in incentives

Michigan terminates controversial EV battery plant and seeks to claw back millions in incentives

Democratic Gov. Gretchen Whitmer supported the $2.36 billion factory in 2022, and state lawmakers approved nearly $175 million in incentives for the project. The state is now holding Gotion Inc. in default of $23.6 million, accusing the company of abandoning the project. “While this is not the outc...

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