Green Car Congress

APRIL 14, 2009

The Michigan Economic Growth Authority (MEGA) Board awarded $543.5 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.;

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). As a result, up to about $842,000 in reimbursements for labor charges were questioned.

Li-ion 225

Li-ion Michigan Grant Battery 225

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