CATL

"Ford Motor Company Executive Chairman Bill Ford announces a $3.5 billion investment plan for a lithium iron phosphate (LFP) battery plant in Marshall, Michigan, during an event held at Ford Ion Park in Romulus, Michigan, on Monday, Feb. 13, 2023. With this $3.5 billion investment, Ford and its battery tech collaborators have announced $17.6 billion in investments in electric vehicle and battery production and added more than 18,000 jobs in the United States since 2019." Image courtesy of Ford.

Ford 1st To Build NMC Batteries & LFP Batteries In USA

Ford has become the #2 electric vehicle seller in the USA, but it’s also now #1 in something in the field. It’s the first automaker to state that it will produce both NMC (nickel manganese cobalt) and LFP (lithium iron phosphate) batteries for electric vehicles in the United States. The … [continued]