Ford to ‘Stick Behind’ Marshall Plant as Budget Bill Threatens EV Battery Tax Credit

Ford to ‘stick behind’ Marshall plant as budget bill threatens EV battery tax credit

By Breana Noble, The Detroit News Lisa Drake, Ford Motor Co.’s vice president of Technology Platform Programs and EV Systems, said the Dearborn automaker is sticking behind its $3 billion investment in south-central Michigan for a new battery plant that’s 60% completed, after the company’s leaders said a proposed federal budget could put the site “in peril.” Executive Chairman Bill Ford made the remark regarding the “One Big, Beautiful Bill” bei…

Ford To Proceed With $3 Billion Battery Plant Despite Potential Tax Incentive Loss Under Trump's Budget Plan: 'We Stick Behind Our Investments' - Ford Motor (NYSE:F), General Motors (NYSE:GM)

Ford Motor Co. (NYSE: F) is determined to move forward with the construction of its $3 billion battery plant in Michigan, even if the project loses its eligibility for federal tax incentives.

Ford plows ahead on EV battery factory amid political storm

Ford hopes to complete its Michigan LFP battery plant, even if Republicans nix tax break - Charged EVs

Legacy automakers know that EVs are the future—but as public companies, the only future they can plan for is next quarter’s earnings report. As the current US administration slashes support for new technologies, automakers have been mostly silent, and some have quietly scaled back previously-announced electrification plans. So, it’s refreshing to hear that Ford still hopes to complete a new LFP battery plant it’s building in Michigan, even if Co…

Ford’s Bold Move: New EV Battery Plant in Michigan

Ford Motor Company’s determination to push forward with its new electric vehicle (EV) battery plant in Michigan, despite looming political and financial uncertainties, signals a bold commitment to the future of sustainable transportation. The automaker recently announced plans to open the facility, which is set to begin production next year and is projected to create 1,700 jobs, even as a Republican-backed policy bill championed by President Don…

Ford warns Congress EV credit cuts could cost jobs

Ford Motor Co. escalated its warnings on Monday over potential job losses at its electric vehicle battery plant in southwestern Michigan amid congressional talks to reduce clean energy tax credits. The $3 billion Marshall facility, located approximately 100 miles west of Detroit, is slated to produce 20 gigawatt-hours of lithium iron phosphate batteries and employ 1,700 workers when production begins in 2026. The plant, still under construction,…