One of the biggest carmakers in the world, Ford, has struck a deal with the world’s biggest EV battery maker, CATL, to license its technology at a new, $3.5-billion battery plant in Michigan. While the deal will allow Ford to take advantage of funds being made available by the federal government for the energy transition, it also goes against a major stipulation in the Inflation Reduction Act that allocates these funds: that they stimulate local production, research, and development. The IRA stipulation about local development will not officially…
Hence then, the article about ford inks controversial battery deal with chinese company was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Ford Inks Controversial Battery Deal With Chinese Company )