Ford announced that it is spending $3.5 billion to construct a factory in Michigan that will create inexpensive batteries for some of its electric vehicles.
As it ramps up towards the commencement of production in 2026, the factory, which will be situated on a greenfield location in the city of Marshall
Although a Ford affiliate will own the entire project, Contemporary Amperex Technologies Co., Limited, a Chinese battery business
Gretchen Whitmer, the Michigan Governor said, “Today’s generational investment by an American icon will uplift local families, small businesses,
Prior to moving to domestically produced packs, Ford will start using imported LFP packs supplied by CATL in some variants of the Mustang Mach-E SUV