CHICAGO, Sept. 27 (Xinhua) -- Three government boards in Big Rapids of the U.S. state of Michigan have approved a 30-year property tax exemption for a battery parts facility of a Chinese electric vehicle battery parts manufacturer.
Gotion Inc., a U.S. subsidiary of Chinese battery manufacturer Guoxuan High-Tech Co., is set to invest nearly 2.4 billion U.S. dollars in a 523-acre EV battery parts facility on the outskirts of Big Rapids, aiming to create 2,350 jobs in the next decade, local media reported Monday.
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