Ford, China's CATL considering building U.S. battery plant Dec 14 (Reuters) - Ford Motor Co (F.N) and China's Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ) are considering building a battery plant in Michigan or Virginia to reap tax benefits without treading on Sino-U.S. political sensitivities, Bloomberg reported on Wednesday.
The multibillion-dollar facility will make lithium iron phosphate batteries for Ford's electric models, Bloomberg reported, citing people familiar with the matter.
https://www.reuters.com/business/autos-transportation/ford-chinas-catl-considering-building-us-battery-plant-bloomberg-2022-12-15/