Energy report blasts West Michigan battery maker
Jul 21, 2015 at 12:12 PM
The special report released Wednesday by the Energy Department says Holland-based LG Chem Michigan has spent $142 million in American Recovery and Reinvestment Act funds, but has not "yet achieved the objectives outlined" in its plan for producing lithium-ion polymer batteries for electric vehicles.
Work was to have started in 2012 and the company was expected to make battery cells for 60,000 electric vehicles by the end of this year. But the report says no battery cells for electric vehicles have been produced and that only half the jobs planned have been created.