LocalMichiganNationalNewsSouth Bend Market

$1 billion invested in Michigan for EV and battery plants so far

green and white number 2

Michigan has spent a billion dollars on EV and battery plants, creating 200 jobs so far as the plants work toward completion.

Most of those plants are delayed or have been downsized, according to Bridge Michigan. The state has spent $1 billion in corporate incentives and pledged hundreds of millions more for the electric-vehicle and battery projects around the state.

Governor Whitmer has pursued a platform that would make Michigan a leader in the auto industry’s effort to transition to EVs rather than combustible engines. EV sales, however, have underperformed and the industry’s future is uncertain.

Another $1 billion has been pledged by the state for five companies leading the charge: Ford, Gotion, LG energy Solution, and Out Next Energy.

 

Related posts

Rep. Victoria Spartz charged with weapons violation

Network Indiana

Banks statement on SCOTUS ruling on Trump immunity

95.3 MNC

West Nile Virus confirmed in Northern German Township mosquitoes

Jon Zimney

Leave a Comment