Michigan Strategic Fund Board Approves LG Energy Solution Takeover Of Lansing EV Battery Plant
LANSING - The Strategic Fund Board approved amendments to the MSF incentives authorized in January 2022 for the construction of an Ultium battery manufacturing facility in Lansing, originally a joint venture between GM and LG Energy Solution (LGES). Through the sale of GM’s portion of the battery plant and 100% transfer of state incentives already