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Michigan board approves $400 million to advance EV batteries

Por: ABC News Tech October 06, 2022

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LANSING, Mich. -- A Michigan economic development board approved more than $400 million in state incentives Wednesday for two battery factories estimated to cost $4 billion and bring 4,500 jobs to the state.Pending approval by state lawmakers, the incentive packages would draw from a fund created less than a year ago to help the automotive state land major business expansions in the wake of news that Dearborn-based Ford Motor Co. would begin... + full article



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