NEW YORK: Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said on Monday , just seven months after launching the project with a Chinese partner.
The Ford spokesperson insisted the decision about the US$3.5 billion battery plant had not been related to the ongoing strike, but rather the site's future economic viability. Ford said it would work with the Chinese company Contemporary Amperex Technology to manufacture lithium iron phosphate batteries beginning in 2026 at the Marshall plant.
The technology involves less expensive raw materials and can tolerate more frequent and faster charging than NCM batteries, the company said at the time.
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