Michigan’s $1 Billion EV Project With China Unlikely to Succeed: Journalist

Michigan’s $1 Billion EV Project With China Unlikely to Succeed: Journalist
A portion of the General Motors Factory Zero, which will manufacture GMs GMC Hummer EV truck as well as other electric GM vehicles in Detroit, Michigan on August 5, 2021. Bill Pugliano/Getty Images
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The Michigan legislature approved a $1 billion spending plan on Oct. 5, with $846 million going to a Chinese company specializing in EV batteries, but it would be more beneficial to use these funds for local infrastructure, according to Charlie LeDuff, a Pulitzer prize-winning journalist.

LeDuff characterized the deal as corporate socialism, which he said is the government is picking who will win, who will be the source of manufacturing, and who will make a profit.

Hannah Ng is a reporter covering U.S. and China news. She holds a master's degree in international and development economics from the University of Applied Science Berlin.
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