Free Republic

This comes as no surprise to Hot Air readers, who learned about the value of the Obama administration’s $150 million subsidy investment of LG Chem last fall. After furloughing its workers at their Grand Rapids plant without having a single one of their batteries installed in a consumer vehicle, the local NBC affiliate produced this report on the way taxpayer money got spent:

WASHINGTON—The Obama administration's electric car efforts took another hit on Wednesday after a federal inspection found a South Korean advanced battery maker never scaled up U.S. production despite receiving $142 million in federal grants. A Holland, Mich., factory owned by LG Chem Ltd., part of LG Corp., was half-funded by a government grant and estimated to add some 440 jobs building battery cells for General Motors Co.'s Chevrolet Volt and other vehicles. When demand for the plant's batteries didn't meet expectations, the company filled orders with cells made at a factory in South Korea, leaving the Michigan plant largely idle,...