Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan
Green Car Congress
APRIL 14, 2009
The state refundable tax credits will help the companies in their quest for some of the $2 billion in federal grants for advanced-battery research and development. Today marks a defining moment for Michigan's future as we see a new industry begin to take root and grow new jobs. Earlier post.). LG Chem- Compact Power.
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