Legal Battle Ensues Over Water Supply for Multibillion-Dollar Battery Plant in Michigan
Sunday, 17 March 2024, 02:49
Legal Battle Over Water Supply
Gotion, a prominent battery company, is locked in a legal dispute with Green Charter township in Michigan over the water supply for its US$2.4 billion battery plant.
Impact of Biden Administration's Act
Carmakers are increasingly focused on sourcing batteries locally in compliance with the 2022 Inflation Reduction Act to secure tax benefits.
- The lawsuit underscores the urgency for domestic battery production to fulfill regulatory mandates and ensure supply chain robustness.
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