Chinese firm Gotion’s plans for battery plant in US abandoned, days before Trump meets Xi
Gotion scraps building of electric vehicle battery plant in Michigan after years of lawsuits and controversy over the firm’s ties to China
In a statement for the Post, the Michigan Economic Development Corporation (MEDC) said, while it is “not the outcome we hoped for, we recognise the tremendous responsibility we have to the people we serve to make sure their hard-earned tax dollars are spent wisely and appropriately”.
The MEDC added that it was “actively pursuing repayment” of the US$23.6 million it used to purchase 270 acres (109 hectares) for the project and another US$26.4 million that was given to Gotion, but not spent on preparation works for the mega development.
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The MEDC’s statement also noted that Gotion never met the criteria for the Critical Industry Programme’s state grant of US$125 million, so it was never disbursed.