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24 Mar

Gotion receives funding from US for its Big Rapids project

The Michigan state House Appropriations Committee has approved a series of incentive policies on several electric vehicle battery projects, including Gotion Inc's Big Rapids project in the state of Michigan.  The total authorised grant amounts to $585 million. The Big Rapid project of Gotion High-tech's US brand Gotion Inc will be receiving a $175m grant.  About $125m will be given to Gotion and the remaining $50m will be offered to The Rig…
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