Ford repeatedly defended the proposed billion-dollar factory despite its reliance on Chinese company for key technology
U.S. automaker Ford Motor Company announced Monday that it would pause construction of a billion-dollar plant in Michigan involving a Chinese electric vehicle battery company.
Ford said in a statement to FOX Business that work on the factory had been paused and spending would be limited, but declined to pinpoint the exact considerations that factored into the decision. The Detroit-based company also said it hadn’t made a final decision about the project despite repeatedly defending it for months.
“We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Ford spokesperson T.R. Reid told FOX Business. “We haven’t made any final decision about the planned investment there.”
Ford announced in a ceremony earlier this year that it would invest $3.5 billion to build the plant in Marshall, Michigan. As part of the announcement, the U.S. automaker said it had reached an agreement with Contemporary Amperex Technology (CATL), a Ningde, China-based firm, to manufacture battery cells at the plant using services provided by the Chinese company.
Trump delivered a great speech to the UAW auto workers last night in Michigan. I’m sure it opened the eyes for many workers who have been brainwashed by their Union executives.