Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

MAY 28, 2009

The company’s proposed facility in Leander, Texas would manufacture lithium phosphate cathode material, high-capacity advanced cells and battery packs for electric drive vehicles and other applications. Valence submitted its application requesting the federal grant funds over a three-year period and plans to fund the remaining $359.4

Federal Grant 150

Federal Grant Battery Batteries Production 150

Green Cars News

APRIL 16, 2009

Investment in advanced battery companies continues in the USA where the Michigan Economic Growth Authority (MEGA) has awarded $543.5million in tax credits to four companies with plans to invest more than $1.7billion in lithium-ion manufacturing facilities across the state.

Tax Credit 36

Tax Credit Companies Lithium Ion Battery 36

Green Car Congress

FEBRUARY 15, 2013

LG Chem Michigan officials estimated that DOE’s 50% share of the cost to complete the five production lines called for by the grant agreement would be $22 million, an amount that would significantly exceed the remaining funds available under the grant award. LG Chem Michigan), formerly Compact Power, Inc.,

Michigan 225

Michigan Li-ion Grant Battery 225