The Electric

The Electric: Ford’s Planned $3.5 Billion Battery Plant in Michigan May Be in Jeopardy

Ford CEO Jim Farley announcing the company's now-embattled $3.5 billion LFP plant licensing technology from China's CATL in February 2023. Photo: Bill Pugliano/Getty
By
Steve LeVine

Ford’s plans for a $3.5 billion battery plant in Michigan may be in jeopardy amid fierce political criticism of a licensing agreement between the automaker and China’s Contemporary Amperex Technology Ltd., the world’s largest battery manufacturer.