Sunday, June 11, 2023
HomeTechnologyFord to build battery factory in Michigan with technology from China's CATL

Ford to build battery factory in Michigan with technology from China’s CATL



Ford announced it will build a $3.5 billion battery factory in Michigan based on Chinese technology, underscoring China’s prominent position in the electric-vehicle industry even as political tensions rise.

Ford said it will fully own the factory in Marshall, Michigan, which will use technology and services provided by China’s CATL, the world’s largest battery manufacturer. Until the plant is up and running in 2026, Ford said it will import batteries from CATL for use in some vehicles for U.S. sale.



Source link

See also  Online threats, stalking debated by Supreme Court in Colorado case
James Thomas
James Thomashttps://businessadvise.org
Hello, I am James Thomas blogger and content creator who specializes in personal finance and investing at Business Advise. I have been writing for over 5 years and have built a large following of readers who value practical advice and actionable tips. I'm committed to helping people take control of their financial futures and achieve their goals.

Most Popular