Overview
- The Michigan Economic Development Corporation moved to end the project agreement after finding Gotion in default for more than 120 days without eligible site work.
- The state said it will pursue repayment of $23.6 million used to buy the property, noted a separate $125 million grant was never disbursed, and said $26.4 million in unspent funds will be returned.
- Gotion disputed that it abandoned the project and asked the state to suspend the default for six months to assess the site’s viability in light of township opposition.
- Local opposition included a 2023 recall of Green Charter Township officials who backed the plant, and the company sued the township in March 2024 after approvals were rescinded.
- The $2.36–$2.4 billion plan, projected to create roughly 2,000–2,350 jobs, drew national-security scrutiny over Chinese ownership, PRC subsidies disclosed in FARA filings, and the scale of state incentives.