The plan was expected to create 2,350 factory jobs but came under criticism from some US lawmakers for the company’s Chinese ownership.

A subsidiary of Chinese battery company Gotion has abandoned a plan to build a US$2.4 billion plant in Michigan to produce essential materials for electric vehicle batteries, the state said on Thursday. The plan, first announced in October 2022, was expected to create 2,350 factory jobs but came under criticism from some lawmakers for the company’s Chinese ownership. The Michigan Economic Development Corporation (MEDC) said none of a US$125 million state grant for the project was ever disbursed…

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