Michigan bet big on EV batteries. Here’s what happened.

Four years after Michigan pledged more than $1 billion in incentives to build an electric vehicle battery industry, the state has clawed back millions of dollars after companies have drastically changed their plans.

Oct 22, 2026 - 13:00
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Michigan bet big on EV batteries. Here’s what happened.
Four years after Michigan pledged more than $1 billion in incentives to build an electric vehicle battery industry, the state has clawed back millions of dollars after companies have drastically changed their plans.

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