Ford Warns of Possible Battery Job Losses if US EV Tax Credits are Scrapped
Ford Motor has warned that jobs could be lost at its EV battery in Michigan if Congress pegs back the existing subsidies to firms manufacturing clean energy products. The manufacturing plant is slated to start operating next year and anticipates hiring 1,700 employees when production commences. Ford has invested $3 billion to establish the battery facility which is intended to manufacture about 20GWh (gigawatt-hours) of LFP batteries (lithium-ion phosphate) every year. The production facility, found approximately 100 miles to the west of Detroit, was the subject of federal scrutiny due to Ford Motor’s agreement with CATL, a Chinese firm that…