Ford to build USD 3.5 billion LFP battery plant in Marshall, Michigan using CATL services

On February 13, Ford announced it is investing USD 3.5 billion to build the first OEM-backed lithium iron phosphate (LFP) battery plant in the U.S.
Reaching an agreement with Contemporary Amperex Technology Co., Limited (CATL), Ford’s wholly owned subsidiary will manufacture the battery cells using LFP battery cell k....

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