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Granholm tax incentives for battery technology
Posted: 12.29.2008 at 10:55 AM
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Most battery technology is being developed in Asia, but Governor Granholm and state lawmakers say they hope generous tax incentives will help make the state the center of efforts to research and manufacture advanced batteries for hybrid and electric vehicles. Before adjourning this month, the Legislature approved tax credits worth up to $335 million. Governor Jennifer Granholm is expected to sign the legislation.