Electric and Hydrogen Vehicles May Share the Road Within Five Years After New Investments in Michigan

Michigan’s race to increase the state’s number of Electric Vehicles and other non-gasoline fuel vehicles may have caught its second wind after a new company is seeking to invest in hydrogen storage systems. 

A subsidiary of French automotive supplier, Compagnie Plastic Omnium, is planning to invest up to $171 million at two sites in the state. 

Read the full story

Public Blowback Threatens Michigan Electric Vehicle Battery Production

Michigan residents leery of manufacturing electric vehicle batteries in their respective backyards are watching two court cases filed on their behalf of in Marshall and Mecosta County.

On Monday, a legal demand letter challenged the Michigan Economic Development Corp.’s Renaissance Zone designation for the Gotion battery plant outside Big Rapids. A Calhoun County judge is expected to issue a ruling next week on whether to cease development on the Blue Oval Battery Park in Marshall during litigation related to alleged zoning violations.

Read the full story

Michigan Taxpayers Footing $57 Million in Private Business Subsidies

Taxpayers will spend at least $57 million to retain or create jobs via Michigan Economic Development Corp. subsidies and local grants that they say will create or retain 1,846 jobs.

The subsidies include $29.4 million for a paper mill expansion, $13.2 million for a Monroe brownfield site redevelopment, $6.9 million for an electric vehicle supplier, $1.5 million for an Underwriter’s Laboratory, $3 million for Hoponassu OZ LLC, and $1.5 million to redevelop a property in Detroit.

Read the full story