Ford Motor Company has announced the resumption of production on its $3.5 billion Michigan battery plant after a pause in September. However, the resumption will lead to additional EV slowdowns, reducing the plant's production by 43% and hiring by 32%. The company now expects the plant to create 1,700 jobs instead of the initially planned 2,500, with production set to begin in 2026. The move reflects the evolving posture of Detroit automakers in electric vehicle investments, as legacy automakers face challenges from Tesla and other EV upstarts. Additionally, Stellantis and China's CATL plan to make low-cost EV batteries in Europe, while Nio and Chongqing Changan Auto are teaming up on battery swapping, reflecting the trend of EV upstarts partnering with traditional automakers. The U.S. legislators have demanded scrutiny of the Ford-CATL coupling, amid criticism over sourcing EV batteries from China. Meanwhile, Chinese and Slovak ventures are making strides in the EV battery industry, with Gotion planning to build an EV battery plant in Slovakia with local partner InoBat, aiming to start production in 2026. The global EV influence, particularly from China, is highlighted at the APEC Summit, with electric delivery vans and trucks catching on in China and Europe. However, South Korean EV battery makers are scaling back investments and laying off workers in the U.S., signaling challenges in the EV sector talent crunch and the evolving auto supply chain.
Furor over foreign battery plant workers a reminder of EV sector talent crunch. https://t.co/Vgjs08lXSv
Chinese-Slovak venture signs deal for battery plant in Slovakia https://t.co/UAhEQrR06x https://t.co/BPSBybCpLc
China's #Gotion to build EV #battery plant in #Slovakia with local partner InoBat, aims to start production in 2026 https://t.co/haGgRmRP6L
What Ford's EV move says about the whole market https://t.co/HDXyJdUxra
South Korean EV battery makers lay off workers and scale back investments in US https://t.co/adSKzgaO5t via @ft
South Korean EV battery makers lay off workers and scale back investments in US https://t.co/NyRCVSToLA
Visualizing EV Market Share In The US https://t.co/vhKqGYTf2V
Nissan to build electric versions of two best-selling crossovers, the Juke and Qashqai https://t.co/fL4udgDFHA by @EVPeteJohnson
China’s 🇨🇳 explosive rise as an car export powerhouse 🚙 https://t.co/ae3EgJNH9O
An announcement by Ford tells a wider story about Detroit automakers' evolving posture on electric vehicle investments. https://t.co/hwBDEPRYxd
"#Stellantis is exploring a partnership w/#China’s #CATL to build low-cost electric car batteries in Europe...The 2 cos have struck a supply agreement for batteries & are in talks that may lead to a 50-50 manufacturing JV in the region, they said Tues" https://t.co/Z2rcg8r900
If Carmakers Want to Sell EVs, They Need to Sell the Dealers First https://t.co/yxsWnrhhdS
Ford move to scale back Marshall battery plant signals EV headwinds https://t.co/Y9CQI4UTAT
Electric delivery vans and trucks are catching on in China and Europe. The US has lagged behind, but won’t for long https://t.co/poDCBPdFaj
Rival of Tesla and BYD launches low-priced compact crossover SUV https://t.co/PxsneYvwek
How EVs are upending the 100-year-old auto supply chain https://t.co/5Ep4xM96K2
Why dealers say EV sales have slowed https://t.co/YCqR25oKro
Ford Motor now expects its electric vehicle battery plant in Marshall, Mich., to create 1,700 jobs rather than 2,500, but still expects production to begin in 2026. https://t.co/Z4kUUvwOuo
China’s Growing EV Influence Around Asia Highlighted At San Francisco’s APEC Summit https://t.co/9k2pF8JrqQ
While many U.S. automakers haven’t faced criticism over sourcing #EV batteries from China, U.S. legislators have demanded scrutiny of the Ford-CATL coupling. https://t.co/dqcgNVAlxl https://t.co/NdjO04UL5G
Stellantis and China’s CATL plan to make low-cost EV batteries in Europe, deepening ties between the Fiat maker and the global battery leader https://t.co/pDnkaEtxon
EV maker Nio and Chongqing Changan Auto are teaming up on battery swapping, the latest trend for EV upstarts partnering with traditional automakers https://t.co/feqmNgPVph
Ford announced it would resume construction on an elective vehicle (EV) plant in Michigan that was postponed by the United Auto Worker’s (UAW) strikes, but will scale back its plans https://t.co/nSy0js8TNt https://t.co/uVZlnQTKYy
legacy automakers are getting crushed by Tesla https://t.co/EolPtGp6BG
$F announced its resuming production on its $3.5B Michigan battery plant after pausing in September. With resumption comes additional EV slowdowns, reducing the plant's production by 43% and hiring by 32%.