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About / News / Battery

Michigan startup investing $1.6B in EV battery gigafactory, creating 2,112 jobs

Posted By: mlive on October 5, 2022.  For more information, please click here to read the source article. Signature Associates’ Jim Montgomery and Joe Hamway are proud to have been a part of this deal.   A Michigan startup is getting a $200 million state grant for a new $1.6 billion electric vehicle battery gigafactory in Wayne County. The […]

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Honda ups EV ante with $4.2 billion Ohio battery and plant investment

Posted By: Toledo Blade on October 11, 2022.  For more information, please click here to read the source article.   Honda is staying home in Ohio with a new $4.2 billion investment for EV production and a giant, joint venture battery plant in Fayette County, 40 miles southwest of Columbus, the company announced today. The announcement in Columbus […]

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Mecosta County, township officials approve 30-year Renaissance Zone incentive for potential battery project

Posted By: MiBiz on September 26, 2022.  For more information, please click here to read the source article.   A trio of Mecosta County municipalities have approved a 30-year tax incentive to help lure a multi-billion dollar electric vehicle battery manufacturing facility that promises more than 2,000 jobs. Officials from the county, Big Rapids Charter Township and Green […]

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Dana Thermal Products Announces $44 Million Investment In Auburn Hills

Posted By: Inside Auburn Hills on August25, 2022.  For more information, please click here to read the source article. Signature Associates’ Greg Hudas and Joe Hamway are proud to have been a part of this deal.   Dana Thermal Products, a subsidiary of Dana Incorporated, a global leader in thermal management technologies for the mobility industry, has announced […]

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State board OKs giving GM $824 million to lure $7 billion in EV investments

General Motors Co. and battery maker LG Energy Solution won tax incentives exceeding $824 million for up to $7 billion in new capital investment expanding GM’s EV and battery production in Michigan. The incentives include a first-of-its-kind $600 million direct taxpayer grant from the state of Michigan for GM and its partner that will subsidize the […]

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Lansing City Council endorses tax breaks for GM battery plant

Lansing City Council on Monday moved forward with supporting a $2.5 billion investment from General Motors Co. for a battery cell manufacturing plant near its Delta Township assembly plant. Council approved a resolution recommending the formation of a renaissance zone for the development in an application to the Michigan Strategic Fund. Granting a renaissance zone exempts persons and property […]

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Lake Orion electric vehicle battery business expands as industry readies to boom

An electric vehicle battery business in Lake Orion has become a success story and earned a visit from Governor Gretchen Whitmer Monday. Subhash Dhar is the founder and chairman at American Battery Solutions. Despite a pandemic — the company is thriving in its manufacturing production of lithium-ion batteries. This comes as the US makes a […]

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Ford to build $100 million Ion Park battery lab in Romulus with tax breaks

Ford Motor Co. on Tuesday said its Ion Park battery lab, first revealed in April, will be based in Romulus at an existing facility. The automaker on Tuesday received approval from the Michigan Strategic Fund to transfer an existing Renaissance Zone that had been utilized by A123 Systems Inc. to help establish the 200,000-square-foot facility, which Ford […]

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