Tuesday, September 26, 2023

Ford Gets Cold Feet, Pulls Plug On Multibillion-Dollar China-Backed EV Battery Plant

The Ford Motor Company announced Monday that it is pausing construction on a massive electric battery plant in Michigan that involved a Chinese EV battery company.

Gov Whitmer celebrates new Chinese battery plant after giving away $1B+ in state funds so a company w/close ties to the CCP will locate in Michigan⁉️ She said it was "Thrilling".

"We're pausing work and limiting spending on construction on the Marshall project until we're confident about our ability to competitively operate the plant," Ford spokesperson T.R. Reid told FOX Business.

Ford had initially planned on spending upwards of $3.5 billion on the project in Marshall, Michigan.

"While Ford has labeled this project a 'commitment to American manufacturing' and asserts it will create 2,500 new American jobs, we are concerned that Ford's partnership with a Chinese company could aid China's efforts to expand its control over United States electric vehicle supply chains and jeopardize national security by furthering dependence on China," they stated in their letter.

We are simply asking for a just transition to electric vehicles and Ford is instead doubling down on their race to the bottom.

Although Ford has thus far not given an exact reason for the shutdown, one has to ask why such a plan was considered in the first place. 

https://redstate.com/bobhoge/2023/09/25/ford-gets-cold-feet-pulls-plug-on-multi-billion-dollar-china-backed-ev-battery-plant-n2164294

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