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Thursday, February 28, 2013

Federally Funded Chevy Volt Battery Plant Paid Workers to Play, Not Make Batteries | Wired Business | Wired.com

Federally Funded Chevy Volt Battery Plant Paid Workers to Play, Not Make Batteries | Wired Business | Wired.com: "It was supposed to be the center of a resurgent domestic lithium ion battery industry. A shiny new factory in Holland, Michigan, that by the end of 2013 would produce enough energy cells to power 60,000 electric or hybrid electric cars — and the Chevy Volt would be its highest-profile customer. Instead, after spending $142 million of a $151 million federal Recovery Act grant to set up the factory, LG Chem Michigan has yet to produce a single battery cell that can be used in an electric car sold to the public.

It gets worse. Two of five planned production lines remain unfinished. And rather than the 440 jobs the plant was supposed to create, less than half exist today. But what jobs."

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