Ford Downsizes Plan for Michigan Battery Factory, Citing Slower EV Demand
Nov. 21, 2023 10:38 am ET
Ford Motor is shifting ahead on development of a battery plant in Michigan however at a diminished dimension from unique plans, citing a pullback within the outlook for future electric-vehicle demand.
Ford in September paused work on the manufacturing unit, in Marshall, Mich. At the time, the corporate stated it was reassessing its potential to competitively function the plant, which is able to make batteries utilizing know-how from China’s Contemporary Amperex Technology Co.
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