{"id":2044546,"date":"2023-09-25T22:25:02","date_gmt":"2023-09-26T02:25:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-abruptly-halts-construction-on-much-touted-3-5-billion-ev-battery-plant\/"},"modified":"2023-09-25T22:28:31","modified_gmt":"2023-09-26T02:28:31","slug":"ford-abruptly-halts-construction-on-much-touted-3-5-billion-ev-battery-plant","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-abruptly-halts-construction-on-much-touted-3-5-billion-ev-battery-plant\/","title":{"rendered":"Ford suddenly stops building $3.5B EV battery plant."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fford-abruptly-halts-construction-on-much-touted-3-5-billion-ev-battery-plant%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2044546&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Ford Halts Construction on $3.5 Billion EV Battery Plant in Michigan<\/h2>\n<p>Ford has\u200d made the surprising decision\u2064 to\u200c pause\u200d work on its highly anticipated $3.5 billion plant in Marshall, Michigan, which was set to produce batteries for electric vehicles.\u2062 This announcement comes after the \u200cautomaker projected <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/study-three-million-children-have-dropped-out-of-full-time-school-amid-pandemic-many-in-at-risk-communities\/\" title=\"Study: Three Million Children Have \u2018Dropped Out\u2019 Of Full Time School Amid Pandemic, Many In At-Risk Communities\">significant losses<\/a> for its EV unit and scaled back its plans for EV production.<\/p>\n<p>The delay in construction also coincides with ongoing negotiations between Ford and the United Auto\u200d Workers union, adding further complexity to the situation.<\/p>\n<p>According to\u2062 Ford\u200c spokesman T.R. Reid, the company is halting work and reducing\u200c spending on the Marshall plant until it can ensure its competitiveness. While Reid did not comment on the UAW talks, he did mention that several factors influenced the decision, and a final verdict on the investment in the site has not\u200d been reached.<\/p>\n<p>The state of Michigan, under the\u2063 administration of Governor Gretchen\u200c Whitmer, had offered Ford \u200c$1.7 billion in incentives to\u200d establish \u200dthe plant. However, \u2064critics, including Michigan state House\u2062 Republican leader Matt Hall, argue that these subsidies were insufficient and that the deal was \u2063ill-advised.<\/p>\n<p>One of\u2063 the concerns surrounding the project was the involvement\u200b of \u200dChina&#8217;s CATL\u2064 in providing the technology for\u200d the plant. This raised\u2063 questions\u200b about whether tax subsidies would indirectly benefit a Chinese company.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is \u200bGREAT\u200b news for Michigan and a serious blow to the <a href=\"https:\/\/twitter.com\/hashtag\/CCP?src=hash&#038;ref_src=twsrc%5Etfw\">#CCP<\/a>. Chinese technology has no place \u2062in our country and I am glad to see this <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jennifer-granholm-under-fire-for-promoting-proterra-an-electric-vehicle-company-she-served-on-the-board-of-and-held-stock-in\/\" title=\"Jennifer Granholm Under Fire for Promoting Proterra, an Electric Vehicle Company She Served on the Board of and Held Stock in\">battery plant<\/a> be\u200c put on hold. <a href=\"https:\/\/t.co\/EuL1t6NnYL\">https:\/\/t.co\/EuL1t6NnYL<\/a><\/p>\n<p>\u2014 Representative Lisa McClain (@RepLisaMcClain) <a href=\"https:\/\/twitter.com\/RepLisaMcClain\/status\/1706410494930915474?\">September 25, 2023<\/a><\/p>\n<\/blockquote>\n<p>Republican Rep.\u200d John Moolenaar of Michigan believes that the Ford project&#8217;s suspension highlights the need for a new direction in the country. He argues that President Biden&#8217;s\u200c policies restrict American automakers and\u200d make them \u200boverly reliant on the Chinese Communist\u200c Party for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-reduction-act-at-one-year-massive-clean-energy-spending\/\" title=\"One year of Inflation Reduction Act: Huge investment in clean energy.\">electric vehicle materials<\/a>.<\/p>\n<p>While \u2062some view the halt in construction as a \u2063positive development, others \u200demphasize the importance \u200bof healing the plant and \u200densuring responsible decision-making\u200d in future deals. Former U.S. Ambassadors \u2063Peter \u2063Hoekstra and Joseph Cella expressed their approval of the construction\u200b pause,\u200c criticizing the lack of \u200dscrutiny and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/some-u-s-companies-still-failing-to-meet-conflict-minerals-rules-gao-says\/\" title=\"GAO reports: US firms still not complying with conflict minerals regulations.\">due \u2062diligence<\/a> in advancing the deal.<\/p>\n<p>Ford has also\u200c expressed concerns that the \u200bplant&#8217;s \u200dproducts may \u200bnot qualify for the proposed EV tax credit due to the\u2064 involvement of a &#8220;foreign entity of concern,&#8221; as\u2062 outlined in the Inflation Reduction Act.<\/p>\n<div class=\"author_subscription_pitch\">.author_subscription_pitch p{margin:5px;}<\/p>\n<p><em><b>A Note from Our Founder:<\/b><\/em><\/p>\n<p><em><span style=\"font-weight: 400\"> <\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\">Silicon Valley and \u2064the Big Tech tyrants\u200c have done\u2062 everything they can to put The Western\u2062 Journal out of business. Our<\/span><a href=\"https:\/\/www.westernjournal.com\/join-monthly\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"> <span style=\"font-weight: 400\">faithful\u2064 subscribers<\/span><\/a><span style=\"font-weight: 400\">  have kept us going.<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\"> <\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\">If you\u2019ve\u200c never chosen to subscribe, let me\u200d be honest:<\/span><a href=\"https:\/\/www.westernjournal.com\/join-monthly\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"> <span style=\"font-weight: 400\">We need your help \u200ctoday<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\"> <\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\">I\u200c also want to send you an autographed copy \u2062of \u201cCounterpunch,\u201d which will give \u200cyou a plan to fight back for our beloved country.<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\"> <\/span><\/em><\/p>\n<p><em><a href=\"https:\/\/www.westernjournal.com\/join-monthly\/?utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><b>Subscribe right now<\/b><\/a><span style=\"font-weight: 400\">  \u2013 The Western Journal stands for truth in this difficult time.<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400\"> <\/span><\/em><\/p>\n<p><em><b>Please stand with us by subscribing today.<\/b><\/em><\/p>\n<p><em><span style=\"font-weight: 400\">Floyd G. Brown<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">Founder of The Western Journal<\/span><\/em><\/p>\n<\/div>\n<p>The\u2062 post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/ford-abruptly-halts-construction-much-touted-3-5-billion-ev-battery-plant\/\">Ford Abruptly Halts Construction on Much-Touted $3.5 Billion EV Battery \u2064Plant<\/a> appeared first\u2062 on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n<p> <\/p>\n<h2> What factors \u200dled to Ford halting construction on the $3.5 billion EV battery plant in Michigan?<\/h2>\n<p><span>  Ford Halts Construction on $3.5 Billion EV Battery Plant in Michigan<\/p>\n<p>Ford Motor Company has made the surprising decision to pause work \u2062on its highly \u200banticipated $3.5 billion plant in Marshall, Michigan. This plant\u200d was set to produce batteries for electric vehicles, but Ford&#8217;s latest projections of significant losses for its EV unit have led to scaled-back\u2062 plans\u200b for EV production. The delay in construction also aligns with ongoing negotiations \u2062between\u2063 Ford\u2064 and the United Auto Workers union, adding \u200bfurther complexity to the situation.<\/p>\n<p>T.R. \u200dReid, a spokesman for Ford, stated that the company is halting work and reducing spending on the Marshall plant until it can\u200c ensure competitiveness.\u2063 While Reid did not comment on the UAW talks, he did mention that several factors\u200b influenced the decision, and a final verdict on the investment in the site has \u2062not yet been reached.<\/p>\n<p>The state of Michigan, under the administration of Governor Gretchen Whitmer, had offered Ford \u200d$1.7 billion in incentives \u2063to establish the plant. However, critics, including Michigan state House Republican leader Matt Hall, argue that these subsidies were insufficient and that the deal was ill-advised.<\/p>\n<p>One of the concerns surrounding the project was the involvement of China&#8217;s CATL in providing the technology for the plant. This raised questions about whether tax subsidies would indirectly benefit a \u200bChinese company.<\/p>\n<p>Republican Representative John Moolenaar of Michigan believes that the suspension of the Ford project highlights the need for \u2062a new direction in the country. He argues that President \u2064Biden&#8217;s policies restrict American automakers and make them\u200d overly\u2063 reliant on the Chinese Communist Party for electric vehicle materials.<\/p>\n<p>While some view the halt in construction as a positive \u200cdevelopment, others emphasize the importance of revisiting the project \u200cand ensuring responsible decision-making in future\u200c deals. Former U.S. Ambassadors Peter Hoekstra and Joseph Cella\u200d expressed their approval of the construction pause, criticizing the lack of scrutiny and due\u200c diligence in advancing the deal.<\/p>\n<p>Ford has also \u2064expressed concerns \u2062that the \u200cplant&#8217;s products \u200cmay not qualify for the proposed EV tax credit due to the involvement of\u200d a &#8220;foreign\u2063 entity of concern,&#8221; as outlined in the Inflation Reduction Act.<\/p>\n<p>In conclusion, Ford&#8217;s \u200bdecision to pause construction on the $3.5 billion EV battery plant in Michigan raises\u200c questions about the company&#8217;s EV plans, its negotiation\u2064 with the United \u200cAuto Workers union, and the involvement \u200bof foreign companies in domestic manufacturing. The situation highlights the challenges \u200dand complexities of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-abruptly-halts-construction-on-much-touted-3-5-billion-ev-battery-plant\/\" title=\"Ford suddenly stops building .5B EV battery plant.\">evolving electric \u200bvehicle industry<\/a>, as well as the importance of\u2064 cautious decision-making in\u200c facilitating sustainable\u2064 growth and competition within the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford is stopping construction on a $3.5 billion battery plant in Marshall, Michigan, for electric vehicles. This decision follows the automaker&#8217;s projection of a $4.5 billion loss in its EV unit this year, 50% higher than expected. Ford is also scaling back its plans to boost EV production.<\/p>\n","protected":false},"author":661,"featured_media":2044547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2044546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2044546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2044546"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2044546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2044547"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2044546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2044546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2044546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}