Ford Motor Co. said its $3 billion electric-vehicle battery plant under construction in Marshall, Michigan is now "on track" to qualify for the federal 45X Advanced Manufacturing Production Tax Credit after President Donald Trump signed a $3.4 trillion tax-and-spending package that softened proposed restrictions on Chinese technology. The lithium-iron-phosphate facility, 60 % complete and slated to open in 2026, will license cell chemistry from China’s Contemporary Amperex Technology Co. Ltd. (CATL). Ford had warned in May that earlier House language could strip the plant of credits, imperilling the project. The final law dropped that provision, prompting the automaker to reaffirm plans to hire about 1,700 workers and build batteries with a projected capacity of 20 gigawatt-hours a year. Ford said retaining the production incentive removes risks to jobs and investment and will help lower the cost of future U.S.-built EVs. The Treasury Department must still publish implementing rules, but the company expects the Marshall plant to meet eligibility requirements.
米フォード、ミシガン州工場製EV電池は税額控除の対象に https://t.co/mqTx3gNRBC https://t.co/mqTx3gNRBC
Ford says Michigan EV battery plant 'on track' for production tax credits https://t.co/7npm0IDDmW https://t.co/7npm0IDDmW
Ford Motor said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules. https://t.co/M6ntcrm6D3