Announcement
05 Oct 2022
In October 2022, the State of Michigan approved funding for the production of EV batteries in Michigan.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Oct 2022
Revocation date:
No revocation date
Updated: 05 Oct 2022
State loan
In force
On 5 October 2022, the Michigan Strategic Fund Board approved USD 15 million in loans to support Our Next Energy Inc’s (ONE) investment in electric vehicle batteries in Wayne County, Michigan.
Accordi...
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Updated: 05 Oct 2022
Financial grant
In force
On 5 October 2022, the Michigan Strategic Fund Board approved USD 200 million in grants for Our Next Energy Inc (ONE) to support its investment in EV batteries. Funding is provided under the Critical ...
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