Michigan Draws $2.4B Battery Materials Plant in Big Rapids
Gotion announced a $2.4B manufacturing facility in Big Rapids that includes two plants for the production of battery precursor materials.
Source: dbusiness.com
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Chinese Battery Maker Getting $715 Million In Incentives For $2.4 Billion Michigan Plant
Gotion High-Tech is partially owned by the Volkswagen Group
Source: carscoops.com
EV battery maker nets $236.6M in tax incentives for Wayne County plant
Novi-based Our Next Energy plans to invest $1.6 billion on an electric vehicle battery manufacturing plant in Van Buren Township.
Source: detroitnews.com
Michigan OKs $715 million in incentives for Gotion battery plant
Michigan officials have approved a bundle of incentives valued at $715 million for a $2.4 billion electric vehicle battery plant to be built by a Chinese manufacturer in the Big Rapids area. The incentives for Gotion Inc., given the green light Wednesday, include $175 million of funding from the…
Source: crainsdetroit.com
State board OKs $175M grant for Gotion's Big Rapids battery parts plant
Chinese-owned Gotion Inc. to build a $2.4 billion electric vehicle battery parts facility on the outskirts of Big Rapids that will employ 2,350 people within a decade.
Source: detroitnews.com