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Monday, September 25, 2023

Ford pauses LFP battery factory touted as key for affordable EVs

Ford Mustang Mach-E, F-150 Lightning getting CATL LFP batteriesFord has confirmed that it’s halting construction of a $3.5 million battery plant in Michigan that the automaker had focused on just months earlier as a key for EV affordability. The plant, near Marshall, Michigan, was due to create about 2,500 jobs and make lithium-iron-phosphate (LFP) batteries, which tend to be much cheaper to produce...

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