Ford cuts investments in battery production in Michigan

Ford has reached a new agreement with the US state of Michigan that gives the company more time to invest and create jobs at an electric car battery plant in Marshall. The project was originally scheduled to be completed by March 2027, but the deadline has now been extended by a year. At the same time, Ford can already take advantage of state funding before jobs are created, as long as certain investment targets are met. However, according to th…