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Gotion Inc. receives approval for USD 175 million for Michigan battery plant

According to Detroit News, a single vote provided Michigan lawmakers' final approval of USD 175 million in incentives for Gotion Inc.'s, a U.S. subsidiary of Gotion High-tech, EV battery plant near Big Rapids. The Senate Appropriations Committee voted 10-9 to approve the transfer of state tax dollars, allowing state ....

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