article thumbnail

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

A review by the US Department of Energy (DOE) Office of the Inspector General (OIG) has found that Li-ion battery maker LG Chem Michigan misused funds awarded to it under the American Recovery and Reinvestment Act of 2009 (Recovery Act). In February 2010, LG Chem Michigan Inc. (LG LG Chem Michigan), formerly Compact Power, Inc.,

Michigan 225