December 22, 2024

Obama To Visit Holland, Michigan For Battery Plant Groundbreaking

President Obama will be in Michigan on Thursday for the groundbreaking ceremony of a new LG Chem-Compact battery plant, which will make the power sources for the Chevy Volt, expected to be introduced later this year. The plant is one of 17 new manufacturing facilities in Michigan connected to battery production for electric vehicles. On May 26 ModeShift published a full account of the federal and state-financing that leveraged the more than $6 billion total …

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