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Illinois electric vehicles

Business News

Battery manufacturing plant coming to Illinois

Lithium-ion plant in Manteno part of state’s ongoing effort to court electric vehicle manufacturing

MANTENO (Capitol News Illinois) -- A new battery manufacturing plant is set to open in northern Illinois next year after the state offered more than $330 million in tax incentives to make it happen. Gotion, a Chinese battery manufacturing and development company, announced on Friday that it will build a lithium-ion battery manufacturing facility in Manteno, about 50 miles south of Chicago. The roughly $2 billion project is set to create 2,600 jobs and begin production in 2024. The plant […]

todaySeptember 8, 2023 11

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