Ford to build $3.5 billion Michigan EV battery plant Virginia's governor rejected
, Glenn Youngkin. Virginia's loss — $3.5 billion in initial investment and at least 2,500 high-tech jobs — is Michigan's gain.
The MI facility will come online in 2026 under the same conditions previously stipulated in Virginia, including Ford's announced partnership with Contemporary Amperex Technology Co., Limited — the component that soured the deal for the Virginia governor. Youngkin called the plant a Chinese"Trojan horse."electric vehicle
batteries will build on Michigan’s economic momentum," said Michigan Gov. Gretchen Whitmer."Today’s generational investment by an American icon will uplift local families, small businesses, and the entire community and help our state continue leading the future of mobility and electrification. Let’s continue bringing the supply chain of electric vehicles, chips, and batteries home while creating thousands of good-paying jobs and revitalizing every region of our state.
While CATL will participate in the new Marshall facility's battery production operations, the plant itself will be Ford's . LFP offers more power density and capacity alongside cold-weather performance, but costs more than traditional Lithium Ion Phosphate batteries due to the materials required.
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