Ford Suspends Construction of $3.5 Billion Battery Factory in Michigan, UAW Negotiations Update

Ford Motor Company announced on the 25th that it has temporarily suspended construction of a $3.5 billion battery factory in Michigan. Photographed in September 2019 (2023 Reuters/Wolfgang Rattay)

[２５日 ロイター] – Ford Motor Company (FN) announced on the 25th that it has temporarily suspended construction of a $3.5 billion battery factory in Michigan.

The announcement comes as Ford has repeatedly raised its offer in wage negotiations with the United Auto Workers (UAW), but no agreement has been reached. US President Biden will visit Michigan on the 26th to express support for the UAW strike.

Congressional Republicans are investigating the use of technology by Chinese automotive battery giant Ningde Age New Energy Technology (CATL) (300750.SZ) in connection with Ford’s plans for a battery factory in Marshall, Michigan.

The company said it would suspend work and limit construction spending “until we are confident we can operate the plant competitively.” The specific reason for the suspension was not disclosed. He also said he had “not made a final decision on investment plans” at the plant.

Michigan Governor Whitmer said, “Ford has made it clear that this matter is a temporary suspension, and we continue to work to ensure successful negotiations between the Big Three and the UAW so that Michiganders can get back to their jobs.” I will work hard.”

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2023-09-25 22:36:00
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