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US: ALTe receives tax credit for new Michigan plant

The Michigan Economic Growth Authority (MEGA) has approved a US$8.4m tax credit for local electric powertrain supplier ALTe. The credit, spread over seven years, supports the company’s plan to set up a new production plant in the state. "We're pleased that ALTe has chosen Michigan and Auburn Hills for its new Subscribe to Automotive World … Continued

The Michigan Economic Growth Authority (MEGA) has approved a US$8.4m tax credit for local electric powertrain supplier ALTe. The credit, spread over seven years, supports the company’s plan to set up a new production plant in the state.

"We're pleased that ALTe has chosen Michigan and Auburn Hills for its new

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https://www.automotiveworld.com/articles/81018-us-alte-receives-tax-credit-for-new-michigan-plant/

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