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DOE Inspector General review finds automotive Li-ion battery maker LG Chem Michigan misused Recovery Act funds; DOE management, low market demand contributory

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The review also found that work performed under the grant to LG Chem Michigan had not been managed effectively. Only about 60% of the production capacity set forth in the grant agreement was constructed even though nearly $142 of $151 million (94%) of DOE’s share of project funds had been spent.

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