Michigan’s vote on whether to award the company a $175 million incentive comes after decades of trying to attract Chinese business — an effort that continues today, despite rising U.S.-China tensions.
Gotion
Posted inBusiness Watch
Amid Gotion furor over China, Michigan vows to change how it vets firms
Michigan’s top economic development official said vetting of Gotion Inc. and other companies in line to receive state incentives will become more probing. Lawmakers have put the latest, $175 million Gotion incentive on hold.
Posted inMichigan Government
Gotion funding on hold in Michigan, amid uproar over China ties
Senate vote is delayed as questions mount. Democrats say they want more answers about the project that will require $800M in state incentives.
Posted inBusiness Watch
Jobs v. China: How politics, communist ties roiled $2.3B Gotion plan in Michigan
The state’s first megasite project is prompting a growing divide between supporters and opponents in the region, as Gotion Inc. seeks to build a battery plant with 2,350 jobs. Critics cite Gotion parent company’s ties to China.
Posted inBusiness Watch
Anti-China ‘propaganda' stokes fears as Michigan town weighs Gotion factory
A meeting for Big Rapids-area residents to learn more about a proposed EV battery factory has been shifted to a virtual event. A local official explains why, citing fears that ‘agitators’ from outside the area would spread online misinformation and disrupt the event.
Posted inBusiness Watch
Chinese EV battery factory planned near Big Rapids faces renewed scrutiny
Gotion Inc. plans to break ground this summer, but questions persist about its corporate ties to the Chinese Communist Party and whether the deal presents U.S. security risks. Gotion announced plans last year to build a $2.36 billion factory in Michigan.
Posted inBusiness Watch
Michigan lands two more EV battery plants, bringing up to 4,000 jobs
Michigan’s effort to gain massive manufacturing sites for EV batteries leapt forward on Wednesday with deals near Big Rapids and metro Detroit, bringing the total to four this year.