Ford Pauses Construction On $3.5 Billion EV Battery Plant In Michigan

An anonymous reader quotes a report from Ars Technica: Ford Motor Company on Monday halted construction of a $3.5 billion electric vehicle battery plant project in the Marshall area amid months of battles with local residents, Republicans in Congress over its use of Chinese technology and an auto industry strike in its second week. "We're pausing work, and we're going to limit spending on construction at Marshall until we're confident about our ability to competitively run the plant," Ford spokesman T.R. Reid told The Detroit News on Monday. Reid said a "number of considerations" were at play in the company's business decision, but wouldn't say whether the United Auto Workers' ongoing strike of Ford and its crosstown rivals was a factor. "We haven't made a final decision about the investment there," Reid said of the Marshall site. The pause in construction is effective Monday, Reid said. The Dearborn-based automaker announced on Feb. 13 that it planned to invest about $3.5 billion in an electric vehicle battery plant park in Marshall. As part of the deal, Ford secured about $210 million in direct tax incentives plus a 15-year property tax abatement worth about $775 million over the life of the tax break. There was also roughly $750 million set aside for site prep at the location, with a $299 million earmark allocated for the Marshall Area Economic Development Alliance and a $330 million earmark pushed toward the Michigan Department of Transportation budget for expanding roadways and freeway connections for the presumed Ford plant's truck traffic. Another $120 million was routed to MAEDA earlier this month through the SOAR fund. [...] The 2.5-million-square-foot battery park was to be run by a wholly-owned subsidiary of Ford called "Blue Oval Battery Park Michigan." The plant would employ 2,500 people with pay ranging from $20 to $50 an hour.

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