The Recovery Act

16 07 2010

Electric Vehicles, Advanced Batteries, and American Jobs: Another Piece of the Puzzle in Holland, Michigan

It’s a small part of a big story that will impact how the world travels for generations to come – and the role American workers will have in that transformation.

This afternoon the President is at a groundbreaking ceremony at Compact Power, Inc. a subsidiary of LG Chem Ltd., a battery plant in Holland, Michigan. The plant is yet another piece of the puzzle for turning electric vehicles from a dream that many presumed dead into a reality that we will all one day take for granted. The plant is the ninth of nine new advanced battery factories to start construction as a result of the $2.4 billion in Recovery Act advanced battery and electric vehicle awards the President announced last August. The project is expected to create hundreds of construction and manufacturing jobs in Holland. Once fully operational, the Compact factory will produce battery cells to support 53,000 Chevy Volts a year.



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