Gotion is dead..
The state of Michigan has abandoned plans for a controversial EV-battery parts facility by Gotion Inc., citing mounting concerns over Chinese ties and local pushback.
The plant drew strong opposition from residents and officials who were troubled by the involvement of a Chinese-owned parent company and large tax incentives for the project.
Battery Technology
With Michigan pulling out, the region loses expected job growth and investment tied to the project, and the controversy highlights broader tensions in U.S. industrial policy, supply-chain security, and foreign capital in critical manufacturing.
Crain's DXetroit Business reports..
READ MORE: https://archive.ph/EMwww
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