Ford details $3.5 billion electric vehicle battery plant to be built in Marshall
Automotive Industry - Lehto Live • 19m
Ford Motor Co. plans to build a $3.5 billion factory in Michigan by 2026, to produce batteries for electric vehicles with lithium-iron-phosphate chemistry, which is cheaper than the current technology. The plant, near the city of Marshall, is expected to employ at least 2,500 people and would produce batteries for up to 400,000 vehicles annually, making EVs more accessible and affordable for customers. The batteries will offer consumers the option of choosing between a lower range and cost, or higher range and power at a higher cost.
Up Next in Automotive Industry - Lehto Live
-
Ford slashes price on electric Mustan...
Steve talks EV Price War between Ford and Tesla. Find out why Ford is cutting the price of the electric Mustang Mach-E.
-
Jeep 'Death Wobble' settlement detail...
Join Steve for a daily discussion of Michigan topics! Today on Lehto Live, Steve talks Jeep "Death Wobble", owners may be able to receive reimbursement.
-
Ford offers Bronco customers $2.5k to...
Join Steve for a daily discussion of Michigan topics! Today on Lehto Live, Steve talks Ford offering Bronco customers an incentive to choose a different vehicle.
