Electric vehicle battery plants coming to Big Rapids, Van Buren Twp.

Michigan Gov.  Gretchen Whitmer speaks during a news conference introducing new economic development projects Wednesday, Oct. 5, 2022, in downtown Grand Rapids.

Two companies promise to create nearly 4,500 jobs and invest almost $4 billion to produce electric vehicle batteries as part of economic development projects slated to receive a combined $1 billion in incentives, tax breaks and other state assistance.

Michigan Gov. Gretchen Whitmer and economic development officials announced the projects and corresponding incentives Wednesday.

“We are seeing real momentum in our state. In the last year, we have secured manufacturing projects building on our leadership on mobility, electrification, (semiconductor) chips and life sciences,” Whitmer said at an event in Grand Rapids hailing the investments.

“We’re proving that Michigan’s manufacturing industry is the best in the world. Our hardworking people and innovative businesses never stop adapting and growing.”

More:Michigan lawmakers approve $846M in economic development incentives

More:State of Michigan doled out incentives to Ford, which just announced big job cuts

Both companies plan to create batteries for electric vehicles, like ones seen here designed for the Ford F-150 Lightning EV pickup truck.

Gotion, a Chinese manufacturing company, will build a nearly $2.4 billion plant in Big Rapids, about an hour north of Grand Rapids, projected to create 2,350 jobs. And in Van Buren Township in Wayne County, Our Next Energy will build a $1.6 billion battery manufacturing plant, which the state says will create more than 2,100 new jobs. The company is headquartered in Novi.

Gotion will receive a $715 million incentive package from the state. It includes three broad components, according to a memo from the Michigan Economic Development Corporation:

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