December 8, 2024

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

Ford Motor Company and China’s Contemporary Amperex Technology Co. (CATL) are planning a $3.5 billion electric vehicle battery plant in Marshall, Michigan. The plant, celebrated by Gov. Gretchen Whitmer (D), will be owned by Ford through a subsidiary while collaborating with CATL — China’s premier electric vehicle battery supplier. Ford hopes to open the plant in

Source: