When demand for the plant’s batteries didn’t meet expectations, the company filled orders with cells made at a factory in South Korea, leaving the Michigan plant largely idle, according to the report by the Department of Energy’s Inspector General, Gregory Friedman.
LG Chem said in a statement that production delays at the Michigan facility were “market-driven,” adding that it is “developing specific plans for the start of production.” The company said it regretted that it applied for reimbursement for “employment costs that were not allowed” under its U.S. grant.
Silly market and its complete lack of interest in things that the government created high expectations for. WHEN WILL IT LEARN?!?
Four more years.