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Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL

February 13, 2023

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Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.

The factory near Marshall, Mich., will employ 2,500 workers, Ford said Feb. 13, confirming a Feb. 10 Bloomberg report. The facility is set to open in 2026 and will produce enough batteries to power 400,000 EVs a year.

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