Gov. Pritzker and Gotion announce new $2 billion EV battery gigafactory in Kankakee County – WAND (Decatur)

Gotion’s total incentive package from the State of Illinois, which includes REV, Invest in Illinois, and other incentives, is valued at $536 million. Through REV, Gotion is eligible to receive tax benefits totaling $213 million over 30 years. The REV agreement specifies a minimum company investment of $1.9 billion and the creation of 2,600 full-time jobs that are paid at least 120% of the average wage of similar job classifications in Kankakee County.
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Tom Paine's Ghost
2 years ago

Golly. The massively corrupt Illinois Democrats in a deal with the even more evil and corrupt Chinese Communists. What could go wrong?

Hunter's Lap Dance
2 years ago

This can’t be right.

Didn’t someone tell Flounder China is an ethnostate with no tolerance for gays or other minorities?

And he gave them over half a billion of taxpayer subsidy?

How can this possibly be?

Don’t tell me Flounder and his pack of Dem viper counterparts have no guiding moral principals apart from their own self-deification. Because that would be really disheartening.

Honest Jerk
2 years ago

Gotion’s total incentive package from the State of Illinois, which includes REV, Invest in Illinois, and other incentives, is valued at $536 million. 

If my math is right, that comes to over $200,000 incentive per job.

Tom Paine's Ghost
2 years ago
Reply to  Honest Jerk

Math is not something that the communist left of the Democrat Party understands.

nixit
2 years ago

Does Sierra Club approve of this project?

Nostradamus
2 years ago

And what is round Boy doing about the shuttered Chrysler plant in Belvidere? There was talk about a battery plant or an EV pant being run out of those facilities. I suppose that is all it was. Just talk.

Joey Zamboni
2 years ago

With the proven risks of EV batteries…

What insurance company in their right mind would insure this place…?

Then add this: https://studyfinds.org/electrify-e-coli-bacteria-power/?utm_source=wnd&utm_medium=wnd&utm_campaign=syndicated

Brilliant…!

Add a deadly bacteria to an EV battery, what could go wrong…?

Wuhan Battery Co. anyone…

Fur
2 years ago

To make batteries for EV vehicles that never get sold.

Daskoterzar
2 years ago

Just a matter of time. This company will be bankrupt in 24 to 36 months after starting…and all the money will have vanished.

JackBolly
2 years ago
Reply to  Daskoterzar

No, much of the taxpayer funded ‘incentives’ will land in the pockets of Democrats and their cronies. This is the con of Green.

Last edited 2 years ago by JackBolly
Where's Mine ???
2 years ago

Meanwhile Indiana just announce new $1.5 bil ENTEK EV plant…(doesn’t say if Indiana had to dished out $1/2 bil in subsidies like JB/Illinois)…So, how many EV/EV battery plants does Indiana now have compared to one in Illinois w $1/2 bil in state taxpayer subsidies?

https://www.chicagotribune.com/business/entek-indiana-20230906-tvyt63777vhszhee4xu7wh3hxy-story.html

Nostradamus
2 years ago
Reply to  Giddyap

A communist just loving on some other communists.

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