The US town, the Chinese company and the bankrupting battle over a battery plant

The US town, the Chinese company and the bankrupting battle over a battery plant Residents of a Michigan township have said ‘no Gotion’ to a US$2.36 billion factory but the price they pay could be even greater As the new board quickly rescinded the Gotion plan, the residents applauded the defeat of a project they viewed as a “Trojan horse” that could bring undue Chinese Communist Party influence, environmental risks and irreversible changes to their way of life. But the town could face a staggering financial price for that victory, leaving the community with an uncertain future. Projected to create nearly 2,500 jobs, it was promoted as a win for domestic manufacturing and clean-energy jobs. It was designed to support Gotion Inc’s North American expansion and US efforts onshore critical supply chains. Gotion Inc is the US subsidiary of Gotion High-Tech Co Ltd, a China-based battery manufacturer. [Image text:] CHOOSE CHOOSE CHOOSE FREEDOM FREEDOM CHOOSE FREEDOM OGOON FREEDOM NO GO ON NO GO ON CHOOSE NO GO ONHOOSE CHOOSE FREEDOM KRUSE CHOOSE GOTION! FREEDOM GOTION! NO GO ON FREEDOM NO GO ON GOTION GREENTWP.SUPERVISOR NO GO ON INOON GOTION! CHOOSE FREEDOM NO GO ON CHOOSE FREEDOM GOTION! NO GO ON GOTION! CHOOSE CHOOSE CHOOSE FREEDOM CHOOSE FREEDOM FREEDOM CHOOSE FREEDOM FREEDOM NO GOON BEAN GOTION! GOTION! GOTION! NO GO ON GOTION! FOR SUPERVISOR