{"id":138979,"date":"2025-10-23T18:56:02","date_gmt":"2025-10-23T18:56:02","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=138979"},"modified":"2025-10-23T18:56:02","modified_gmt":"2025-10-23T18:56:02","slug":"ev-battery-maker-gotion-abandons-plan-for-us2-4-billion-factory-in-michigan","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=138979","title":{"rendered":"EV battery maker Gotion abandons plan for US$2.4 billion factory in Michigan"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostA 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.<br \/>\nThe plan, first announced in October 2022, was expected to create 2,350 factory jobs but came under criticism from some lawmakers for the company\u2019s Chinese ownership.<br \/>\nThe Michigan Economic Development Corporation (MEDC) said none of a US$125 million state grant for the project was ever disbursed&#8230;<a href=\"https:\/\/www.scmp.com\/news\/us\/economy-trade-business\/article\/3330126\/ev-battery-maker-gotion-abandons-plan-build-us24-billion-factory-michigan?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostA 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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138979"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=138979"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138979\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138979"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}