opportunities in developing a globally competitive battery industry.” She said the organizers “sure picked an appropriate time—and you better believe you picked an appropriate place for this conference.”
Governor Granholm noted that July 14, 2010—just one week prior to this conference—was the anniversary of the DOE announcement that it would invest $2.4 billion to support advanced battery and electric vehicle manufacturing development. Michigan “is well underway to becoming the advanced battery capital of the world,” she said.
Vice President Joe Biden came to Michigan in August 2009 to announce that $1.35 billion of those grants would go to 12 projects in Michigan, Governor Granholm noted. “That total was more than all of the other 49 states combined,” she said. Michigan succeeded because it targeted advanced batteries several years earlier as “a sector we wanted to grow to diversify Michigan’s economy and to create jobs,” she said.
Michigan’s tax credits for advanced battery projects “were the first in the nation and, by the way, the most aggressive in the nation,” she said. “When I signed those battery credits into law, it sent a clear signal that Michigan is very serious about being a leader in this industry.”
As a result of those credits and the DOE grants, “a whole advanced battery supply chain is taking root from the Detroit area to the shores of Lake Michigan,” Governor Granholm said. Michigan now has 16 advanced-battery projects underway, representing around $6 billion in capital investment. Those plants are expected to create some 62,000 new jobs over the next 10 years, she said.
That supply chain includes anodes, cathodes, separators, and electrolytes, as well as companies building cells, integrating them into battery packs, and integrating them into electric vehicles, Governor Granholm explained. “The whole spectrum is right here in Michigan,” she said. “This is an exciting time as we begin moving in earnest to a clean-energy economy in the United States.”
The emerging advanced-battery industry is the result of collaborative partnerships between the federal government, state and local governments, and the private sector, Governor Granholm said. “It is critical that these partnerships continue and that they grow stronger,” she said.
Congressional help also is needed, she said. That includes passage of legislation to expand the advanced energy manufacturing tax credit and that continues federal tax credits to consumers buying electric vehicles, “at least until the cost of manufacturing lithium-ion batteries is comparable to that for internal combustion engines,” Governor Granholm said.
A clean-energy economy not only will “create millions of jobs but also will reduce our dependence on foreign oil and enhance our national security, our energy security,” Governor Granholm said. “It is a win, win, win for our nation.”
Manufacturing the “key components for the clean-energy economy” in the United States is “absolutely critical,” she said. “The batteries, the wind turbines, the solar panels—right here. And Michigan, I just want to let you know, intends