Ford pauses construction of EV battery plant amid UAW talks

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Ford (F) halts the construction of its electric vehicle battery plant in Marshall, Michigan, citing uncertainty about the site's ability to compete with major EV makers. The facility, which had the potential to employ up to 2,500 workers, faces this setback amid the ongoing autoworkers strike against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). Yahoo Finance Autos Reporter Pras Subramanian discusses the details of the plant's untimely shutdown, referring back to comments made by Ford CEO Jim Farley in March, while also commenting on President Biden's visit to United Auto Workers' picket lines in Michigan. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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Ford pauses work on $3.5 billion battery plant in MichiganRepublicans in Congress have been probing Ford's battery plant in Michigan using technology from CATL, the world's largest battery maker. 'We are pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,' Ford said Monday.
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Ford pauses work on $3.5 billion battery plant in Michigan(Reuters) - Ford Motor said Monday it has paused work on a $3.5 billion battery plant in Michigan, citing concerns about its ability to competitively ...
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Ford pausing construction of Michigan battery plant amid contract talks with auto workers unionDETROIT (AP) — Ford Motor Co. said Monday that it's pausing construction of a $3.5 billion electric vehicle battery plant in Michigan until it is confident it can run the factory competitively. The move comes as the company is in the midst of national contract talks with the United Auto Workers union, which wants to represent workers at battery factories and win them top wages. In February, Ford announced plans to build the plant in Marshall, Michigan, employing about 2,500 workers to make lower
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Ford pausing construction of Michigan battery plant amid contract talks with auto workers union - constructconnect.comDETROIT — Ford Motor Co. said Monday that it's pausing construction of a $3.5 billion electric vehicle battery plant in Michigan until it is confident it can run the factory competitively. The move comes as the company is in the midst of national contrac
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