Lindsay Brooke of The New York Times reports:
G.M.’s announcement comes three weeks after Michigan’s legislature approved tax incentives worth up to $335 million aimed at attracting advanced-battery manufacturers to the state. The credits will be apportioned depending on production volume and other factors. Gov. Jennifer M. Granholm is expected to sign the legislation.
“This is very important, and it’s beyond symbolic,” said Brett Smith, speaking of the plant’s significance. Mr. Smith, assistant director for manufacturing, engineering and technology at the Center for Automotive Research in Ann Arbor, Mich., explained that it is critical for the Detroit Three automakers to create an infrastructure in the United States for volume production of batteries for electric, plug-in electric and hybrid vehicles.