The Michigan Senate committee approved state funds allocation of $175 million for an Electric Vehicle (EV) battery manufacturing plant – a project planned by Gotion, a Chinese company.The production facility will be located in Mecosta County’s Big Rapids, northern Michigan, and is estimated to ...
Ford and Tesla are likely to own 100 percent of the respective plants with CATL receiving royalties, the Business Korea report noted. At present, many state governments are trying to attract EV battery plants by providing huge incentives and US automakers are finding these state incentives more at...
More than $20 billion worth of new EV battery assembly facilities are being built in the U.S., but 90 percent of battery components are imported, and Tesla is busy preparing for a global shortage of lithium battery cells In Focus: Michigan Rises to the Competitive Challenge ...
A judge has ordered a Michigan community to stop blocking efforts to bring a major electric vehicle battery business to the rural region.
Good news for Michigan's economy, LG Chem is just one of the companies planning on opening electric car battery plants in the Mid-west state.
Pending approval by state lawmakers, the incentive packages would draw from a fund created less than a year ago to help the automotive state land major business expansions in the wake of news that Dearborn-based Ford Motor Co. would begin building electric vehicle battery plants in other states...
Ford and Tesla are likely to own 100 percent of the respective plants with CATL receiving royalties, the Business Korea report noted.At present, many state governments are trying to attract EV battery plants by providing huge incentives and US automakers are finding these state incentives more ...
It has joint-venture partnerships with General Motors, with which it is building three U.S. battery plants in Michigan, Ohio and Tennessee, and Stellantis, formerly Fiat Chrysler. Stellantis would not confirm reports that it will build a battery factory in Windsor, Ontario, with LG. The site ...
BIDEN ADMIN GREEN-LIGHTS CHINESE EV BATTERY FACTORY IN MICHIGAN, DESPITE LOCAL OPPOSITION The Biden administration approved the project in June after a months-long national security review. (AP Photo/Andrew Harnik) In addition to criticism over its ties to China, legislator...
AMichigan Senatecommittee gave final legislative approval to allocate $175 million in state funds to a factory planned by Chinese manufacturer Gotion in northern Michigan that proponents say will create thousands of jobs and be a boon for the local economy. The funds were approved in a na...