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
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.
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