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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

The Michigan Economic Growth Authority (MEGA) Board awarded $543.5 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. Michigan Governor Jennifer M. billion in Li-ion manufacturing facilities in the state.