• Thu. May 23rd, 2024

Ford to create $3.5 billion Michigan EV battery plant Virginia’s governor rejected


Feb 13, 2023
Ford to build $3.5 billion Michigan EV battery plant Virginia's governor rejected


Ford will build a new Lithium Ion Phosphate (LFP) battery plant in Marshall, Michigan. The multi-billion-greenback EV battery plant originally slated for construction in the Commonwealth of Virginia was shut out by its freshly elected governor, Glenn Youngkin. Virginia’s reduction — $3.5 billion in preliminary financial commitment and at least 2,500 high-tech work opportunities — is Michigan’s acquire.

The MI facility will come online in 2026 beneath the exact problems beforehand stipulated in Virginia, which include Ford’s introduced partnership with China’s Present-day Amperex Know-how Co., Minimal (CATL) — the ingredient that soured the deal for the Virginia governor. Youngkin called the plant a Chinese “Trojan horse.”

“Ford’s $3.5 billion financial commitment generating 2,500 superior-shelling out jobs in Marshall setting up electrical motor vehicle batteries will establish on Michigan’s financial momentum,” explained Michigan Gov. Gretchen Whitmer. “Today’s generational expenditure by an American icon will uplift area households, tiny companies, and the overall local community and assist our condition carry on leading the potential of mobility and electrification. Let’s proceed bringing the offer chain of electric vehicles, chips, and batteries property although producing countless numbers of superior-paying work opportunities and revitalizing each region of our point out. Since I took business office, we have secured above 30,000 auto employment and landed various electrical auto and chip-building factories. We’re on the shift, so let us keep our foot on the accelerator.”

Even though CATL will participate in the new Marshall facility’s battery output functions, the plant alone will be Ford’s (by means of a wholly owned subsidiary). LFP features a lot more power density and capability together with cold-weather conditions overall performance, but fees more than common Lithium Ion Phosphate batteries due to the elements necessary. LFP batteries are also a lot more tolerant of frequent and extraordinary demand degree swings, meaning shoppers can settle into the pattern of totally charging and depleting the batteries in their vehicles with significantly less of a extended-expression influence on charging capacity, and LFP batteries are much more secure and less vulnerable to catastrophic thermal occasions. 

“Ford’s electric powered motor vehicle lineup has produced huge demand. To get as quite a few Ford EVs to clients as achievable, we’re the first automaker to dedicate to build both equally NCM [lithium, nickel, cobalt and manganese] and LFP batteries in the United States,” reported Jim Farley, Ford president and CEO. “We’re providing on our commitments as we scale LFP and NCM batteries and thousands, and shortly hundreds of thousands, of buyers will start to enjoy the benefits of Ford EVs with cutting-edge, resilient battery technologies that are rising more economical around time.”

LFP batteries will be available alongside the existing Li-Ion packs in Ford’s present-day EVs. The F-150 Lightning and Mustang Mach-E will each be made available with LFP packs in order to enable relieve battery-similar creation constraints. Prior to the new Marshall facility coming on the net (slated for 2026), Ford will source those batteries right from CATL. NCM batteries will continue to be utilized for present extended-array styles of the Lightning and Mach-E. Ford expects LFP to characterize about 20% of the firm’s battery generation capability the moment its planned facilities are totally on line. 

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