2023-09-26 -Signs, Portents, and the Weather-
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Ford suddenly pauses massive EV battery project that Republicans are probing over CCP ties
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[FOX] U.S. automaker Ford Motor Company announced Monday that it would pause construction of a billion-dollar plant in Michigan involving a Chinese electric vehicle battery company.
Ford said in a statement to FOX Business that work on the factory had been paused and spending would be limited, but declined to pinpoint the exact considerations that factored into the decision. The Detroit-based company also said it hadn't made a final decision about the project despite repeatedly defending it for months.
"We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant," Ford spokesperson T.R. Reid told FOX Business. "We haven’t made any final decision about the planned investment there."
Ford announced in a ceremony earlier this year that it would invest $3.5 billion to build the plant in Marshall, Michigan. As part of the announcement, the U.S. automaker said it had reached an agreement with Contemporary Amperex Technology (CATL), a Ningde, China-based firm, to manufacture battery cells at the plant using services provided by the Chinese company.
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Posted by Skidmark 2023-09-26 00:06||
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File under: Commies
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Posted by Besoeker 2023-09-26 00:58||
2023-09-26 00:58||
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Posted by Skidmark 2023-09-26 04:46||
2023-09-26 04:46||
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Posted by ed in texas 2023-09-26 08:58||
2023-09-26 08:58||
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Posted by MikeKozlowski 2023-09-26 09:51||
2023-09-26 09:51||
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