DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory
Green Car Congress
FEBRUARY 15, 2013
Among the objectives was the production of enough battery cells annually to equip 60,000 electric vehicles by the end of 2013, with assembly beginning in 2012. As part of this process, LG Chem Michigan was also eligible to receive more than $175 million in tax relief from the State and local governments through 2025.
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