Ford plans to establish USD3.5 billion LFP battery plant in Michigan, US

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The BlueOval Battery Park Michigan facility will initially employ 2,500 individuals when LFP battery production begins in 2026

Ford has announced that it is investing USD3.5 billion to build the country’s first automaker-backed LFP battery plant, offering customers a second battery technology within Ford’s EV lineup, according to a press release on 13 February 2023.

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