Subsidy Tracker Individual Entry
automotive lithium-ion battery plant
The subsidy amount and breakdown came from an August 13, 2009 press release issued by the Michigan Economic Development Corporation; online at http://www.michiganadvantage.org/Press-Releases/Lt--Governor-Cherry-Hail...
The package consisted of $115 million in battery-pack tax credits; $45 million in vehicle-engineering credits; and another $6.8 million state tax credit. Overlap with main Subsidy Tracker data: a $115 million battery tax credit for 2009.