The Michigan advanced energy storage economic development strategy was designed to support growing industry sectors where Michigan has distinct advantages and a solid infrastructure. Michigan is home to more than 330 transportation R&D companies, 65,000 engineers, and world-class engineering schools making us exceptionally positioned to address the critical national need of developing a domestic advanced battery manufacturing industry. The results speak for themselves:
- Since November 2008, Michigan has announced nearly $6 billion of investments in the advanced battery industry with 16 new AES startups.
- The next generation of electric vehicles and the batteries that power them are estimated to create more than 60,000 new jobs in Michigan over the next decade.
- Nine of 10 top automotive OEMs developing Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs) and Electric Vehicles (EVs) are in Michigan.
Learn more about Michigan’s strategy here: http://www.michiganadvantage.org/Targeted-Initiatives/Advanced-Energy-Storage/Default.aspx