Michigan approves controversial $175M funding for Chinese-owned EV battery plant.
TL;DR
Michigan lawmakers have approved $175m in taxpayer incentives for Chinese electric vehicle battery maker Gotion's $2.4bn EV battery parts facility near Big Rapids, which is expected to create 2,350 jobs. The project has faced opposition from some lawmakers who have raised concerns about environmental impacts and the company's connections to China. Gotion's US subsidiary has been incorporated in California since 2014, and Volkswagen AG owns about 26% of the company. The project is slated to receive more than $800m in incentives, including the $175m approved by lawmakers.
- Michigan lawmakers sign off on $175 million for Gotion development Detroit News
- Residents erupt as Michigan Democrats approve funding for Chinese-backed green energy project: 'I'm angry' Fox News
- Despite outcry, Michigan passes US$175 million for Chinese-owned battery plant South China Morning Post
- Michigan committee gives $175 million for EV battery plant UpNorthLive.com
- Michigan gives $175M to Gotion electric vehicle project despite backlash MLive.com
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