Ford Advances Michigan Battery Plant Amid Political Hurdles
Ford Advances Michigan Battery Plant Amid Political Hurdles

Ford Advances Michigan Battery Plant Amid Political Hurdles

News summary

Ford Motor Company is moving forward with its $3 billion BlueOval Battery Park in Marshall, Michigan, which is now about 60% complete. The facility will use technology licensed from China's CATL and is set to begin producing lithium iron phosphate (LFP) batteries in 2026. The project faces political opposition from Republicans and former President Trump, who are seeking to block federal tax incentives for plants using Chinese technology and to scale back EV-related subsidies. Initially, the Inflation Reduction Act was expected to provide Ford with approximately $700 million in tax credits for the project. Despite these legislative threats, Ford remains committed to the plant, which is projected to create 1,700 jobs and lower EV costs for American consumers. The company views the facility as vital for strengthening U.S. battery production amid ongoing political and market uncertainty.

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