Ford Cuts Jobs, Investment for Michigan
Electric Vehicle Battery Plant Linked
to Chinese Firm
Breitbart,
by
John Binder
Original Article
Posted By: Dreadnought,
11/22/2023 12:38:09 AM
Ford Motor Company and China’s Contemporary Amperex Technology Co. (CATL) are already cutting jobs and financial investment at an Electric Vehicle (EV) battery plant set for Marshall, Michigan.
In February, Ford announced the collaboration with CATL — China’s premier battery supplier — to build a $3.5 billion plant in the small community of Marshall that executives said would create 2,500 jobs.
A few months ago, Ford executives said they were putting the plant on pause though the company will now resume construction.
This week, Ford executives said their jobs and investment commitment are dwindling from their initial projection — cutting the number of jobs scheduled for the plant by 800 and potentially cutting
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Reply 1 - Posted by:
Annie Xango 11/22/2023 1:11:21 AM (No. 1602933)
some of the smartest guys I knew
were at Ford back in the 70's 80's..now look at these dimwits we do NOT want Ev's you dopes...
38 people like this.
Reply 2 - Posted by:
Lawsy0 11/22/2023 2:47:12 AM (No. 1602941)
Why can't China sell that EV junk to their own people? Why can't we use our OWN oil?
32 people like this.
Reply 3 - Posted by:
FJB 2022 23 24 11/22/2023 5:57:50 AM (No. 1602962)
Joe Biden strikes again, you guys voted for him now you are losing your jobs because of his damn EV obsession, better think again for 2024
34 people like this.
Reply 4 - Posted by:
Strike3 11/22/2023 7:59:27 AM (No. 1603028)
Imagine that, cutting back on production just because your product is selling like refrigerators above the Arctic Circle. Supply and Demand used to be the guiding rule in marketing and economics, now it's Green Weenie logic.
24 people like this.
Reply 5 - Posted by:
czechlist 11/22/2023 8:01:23 AM (No. 1603032)
Fascism failing, fantastic!
19 people like this.
Reply 6 - Posted by:
Jethro bo 11/22/2023 8:27:30 AM (No. 1603050)
Seen Ford's stock lately? Its in a dumpster dive fire. Ford has several too hot to build fast enough models and has wasted billions in unsalable EV fairy tales. Had Ford invested in more production of Broncos, Rangers and Mavericks, the stock would be in much better condition. Seems Ford executives are starting to get a clue since much of their wealth is tied to the stock price. Any company would do well to remember one golden rule of business. If the US Goobernment wants it, it has to be a failure. Run don't walk away for the US Goobernment's desires.
24 people like this.
Reply 7 - Posted by:
NamVet70 11/22/2023 9:01:20 AM (No. 1603068)
The DOT and other federal agencies have been negligent in not placing safe limits on the application of lithium ion batteries in automobiles and other vehicles and appliances. Any application that requires more than some number of cells should be carefully evaluated for fire risk. Your cell phone or camera probably contains one or two cells at most. An EV battery contains many thousands of cells, any one of which if damaged can cause the entire battery pack to erupt in flames. Some caution in investing in a battery plant is very prudent. The production of these batteries is not without both safety and financial risk. Any community in which such a plant is placed must be prepared to provide adequate medical services and fire protection.
11 people like this.
Reply 8 - Posted by:
zephyrgirl 11/22/2023 10:03:50 AM (No. 1603093)
Somehow, Ford has to pay for that generous contract they just signed with the UAW, plus the losses they've piled up on EVs that people aren't buying.
8 people like this.
Reply 9 - Posted by:
mc squared 11/22/2023 10:14:27 AM (No. 1603107)
VW, GM, and now Ford, have revised their estimates of EV production. Tesla has significantly dropped it prices, too. They aren't moving.
12 people like this.
Reply 10 - Posted by:
hershey 11/22/2023 10:53:32 AM (No. 1603132)
Seems like I heard the other day that some dude in a Tesla was trying to launch his boat into seawater and the battery got hit and erupted in flame and he got killed....
6 people like this.
Reply 11 - Posted by:
DVC 11/22/2023 10:57:41 AM (No. 1603135)
Panasonic is building a large battery factory in Kansas now, has been disrupting the traffic flow with a lot of road rebuilding for the expected heavy traffic.
I wonder what it will be converted to when if fails?
GE had a huge rechargable battery plant just north of Gainesville, Florida 30 years ago that went bust when people discovered that "advanced technology" rechargeable batteries never lived up to the hype and were too expensive, and a pain in the neck to recharge, and didn't really recharge enough times, with enough capacity to be convenient. So...we still use disposable batteries for most things, other than laptop computers and phones. Plus a few of those incendiary cars and bikes.
Talking to a diving buddy of long standing, and he has a new underwater scooter to pull him along in cave diving advantures. It has lithium batteries.....he will not keep it inside his home, recognizes that it could burst into flames.
4 people like this.
Reply 12 - Posted by:
Starboard_side 11/22/2023 11:35:59 AM (No. 1603161)
Seems a whole lot of people were counting on this option but it's not working very well, it seems. Just like most of government ideas/programs.
The electricity grid is nowhere near ready for the intended capacity they were projecting, and would cost so much more money than it would benefit.
This rush to be zero emissions is a big ego game, to make people feel good about themselves.
The goals of Paris Accord were set to be achieved by 2100 (77 years from now).
No country is close to meeting the goal targets either.
8 people like this.
Reply 13 - Posted by:
gwholmessr 11/23/2023 7:20:19 AM (No. 1603592)
Trump went there and told the UAW what was going on but they didn’t listen. I hope all the UAW are happy now paying those large dues to the rich guys at the top.
9 people like this.
Reply 14 - Posted by:
Krause 11/23/2023 7:57:27 AM (No. 1603612)
Politicians have to ability to screw up just about everything. They have way too much power.
9 people like this.
Reply 15 - Posted by:
moebellini3 11/23/2023 10:22:27 AM (No. 1603680)
Maybe people in this country are starting to wake up. The whole climate change agenda is nothing more than a complete hoax and the EV industry is nothing more than a control point for these commies. Wind farms, solar, EV's, none of them provide the power, storage capacity or consistency of fossil fuels.
8 people like this.
Reply 16 - Posted by:
NorthernDog 11/23/2023 10:40:09 AM (No. 1603697)
There's a hard ceiling on how many people will own an EV. The cost and feasibility of installing a charging station at home is a huge deterrent for many.
6 people like this.
Reply 17 - Posted by:
Zigrid 11/23/2023 10:50:57 AM (No. 1603710)
AND.... President Trump was right ...again...the UAW should have listened to him...now they are...let's see what word could I use here....well...you know what I mean....
5 people like this.
Reply 18 - Posted by:
mc squared 11/23/2023 12:04:55 PM (No. 1603732)
It means we'll need to 'invest' more tax money into green technology.
3 people like this.
Even if this battery venture had no Chicom connection, Ford probably would have ceased when the Federal $$$ ran out. Several German automakers have ceased producing EVs. When you investigate, you find that the German government subsidies had stopped. There is no 'market' for these products.
Sometimes, when liberals will actually listen, I state the idea of government subsidies for horse shoes. Most of the benefits would go to people who can afford horses, and those people have a few $$$ already.
3 people like this.
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