Green Car Congress

APRIL 14, 2009

million in tax credits to four battery companies announcing plans to invest more than $1.7 billion in Li-ion manufacturing facilities in the state. 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.;

Tax Credit 150

Tax Credit Michigan Li-ion Tax 150

Green Car Congress

FEBRUARY 15, 2013

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). LG Chem Michigan), formerly Compact Power, Inc., The DOE Vehicle Technologies Program received $2.4

Michigan 225

Michigan Li-ion Grant Batteries 225

Green Car Congress

MAY 31, 2012

In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.

Grant 299

Grant Tax Credit Michigan Massachusetts 299