‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars

Automakers’ history of taking fat subsidies and overpromising job growth make some analysts skeptical of the deal

In September, Ford stunned Michigan when it announced plans to build two massive electric vehicle (EV) plants in the nation’s southeast instead of its midwestern back yard. Fearing the future of the automotive industry was leaving Detroit, the state’s political class swung into action.

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