(TestMiles) - After months of political back-and-forth, Ford’s $3B battery plant in Marshall, Michigan, is officially back on track to receive critical federal tax incentives despite ties to Chinese tech.It was almost dead in the water. Ford’s massive $3 billion EV battery facility in Marshall, Michigan, meant to power the next generation of affordable electric vehicles, got caught in a political minefield over foreign tech partnerships.
But now, thanks to revised language in the latest spending bill, the automaker’s factory is back in Washington’s good graces and eligible for billions in production tax credits.Structural steel is erected less than one year after Ford and SK On announced their $5.6 billion investment to build a revolutionary all-new electric truck and advanced batteries for future Ford and Lincoln vehicles in West Tennessee at BlueOval City.
With construction underway at BlueOval City, Ford – America’s No. 2 electric vehicle brand – gets closer to its target of reaching a 2 million electric vehicle annual run rate globally by late 2026. The nearly 6-square-mile mega campus will create approximately 6,000 new jobs and is on track to open in 2025.
(Photo Courtesy: Ford)Why does this plant matter right now?Ford’s Michigan facility, scheduled to open in 2026, will produce lithium iron phosphate (LFP) battery cells, a cost-effective chemistry aimed at making EVs cheaper to build and own. The plant is already 60% complete and expected to bring 1,700.
