Ford reportedly plans to build a $3.5 billion EV battery factory in Michigan

@ 2023/02/13
Ford is reportedly days away from sharing a plan to increase its supply of US-made electric vehicle batteries. According to Reuters, the automaker could announce as early as Monday that it’s partnering with China’s Contemporary Amperex Technology Co (CATL) to build a $3.5 billion iron phosphate battery plant outside of Marshall, Michigan, a small town about 100 miles west of Detroit. Once completed, the facility is expected to employ at least 2,500 workers.

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