Ford to build $3.5B battery plant at Marshall mega site

Ford, Chinese Firm Plan $3.5B Electric Vehicle Battery Plant in Michigan

Ford Motor and China's Contemporary Amperex Technology Co. are planning a $3.5 billion electric vehicle battery plant in Marshall, Michigan.

Ford to build $3.5B electric vehicle battery plant in Michigan

DETROIT (AP) — Ford Motor Co. plans to build a $3.5 billion factory in Michigan that would employ at least 2,500 people to make lower-cost batteries for a variety of new and existing electric vehicles.The plant, to be built on land being readied for industrial development about 100 miles (160 kilometers) west of Detroit, would start making batteries in 2026. It would crank out enough batteries to supply 400,000 vehicles per year, Ford said.The f…

Ford's $3.5 billion EV battery plant in Michigan another step in auto industry shift to US

Auto manufacturers are continuing to accelerate their push to ramp up their electric vehicle offerings and bring supply chains closer to home after the coronavi

Ford planning $3.5B battery plant in Michigan

Ford Motor Co. announced plans on Monday to invest $3.5 billion in an effort to build the country’s first automaker-backed lithium iron phosphate (LFP) battery plant in Michigan.  In their news release, Ford said the BlueOval Battery Park Michigan plant will initially employ 2,500 people when production begins in 2026. The company further explained that…

Ford to Build $3.5B Michigan Battery Factory With Chinese Tech

Amid growing US-China tensions, Ford will build a $3.5 billion Michigan plant that will use technology from China-based Contemporary Amperex Technology Co. Limited (CATL).

Ford to build $3.5 billion EV battery plant in Michigan, US

Ford Motor Company plans to invest $3.5 billion in a new electric vehicle battery plant in Michigan, US. The plant will be made under a joint venture with their Chinese partner CATL and will have the capacity to produce 400,000 electric vehicles per year. The decision to build LFP batteries in Michigan is also aimed at qualifying Ford for significant US battery manufacturing subsidies that could help it hit a goal of 8 percent profit margins on i