Ford is on track to receive federal funds for its lithium iron phosphate battery plant in Michigan, a significant achievement as it prepares to launch affordable EVs developed by its skunkworks teams.
The LFP supply chain, traditionally led by China, is now seeing American manufacturing of automotive-grade LFP cells, marking an important milestone for the industry.
Ford's upcoming battery plant in Michigan is expected to qualify for production credits under the new legislation by the Trump administration, potentially offsetting manufacturing costs for their next-generation EVs.
The $3 billion BlueOval Battery Park Michigan, set to produce LFP batteries next year, is crucial for Ford to bring affordable EVs to the market, support domestic manufacturing, and create 1,700 manufacturing jobs.