iM3NY

The move raises questions over whether the investment in the local battery hub will deliver the jobs and economic prosperity promised to the region.

Program envisions massive investment in workforce development, scaling up of battery-manufacturing supply chain in the Southern Tier.

The grant would help scale up parts of the manufacturing economy locally, including incentives for other companies in the battery manufacturing supply chain to relocate to the Southern Tier.

"I believe that the benefit, risk ratio is an order of magnitude better for IM3 than it was for SungEel."