NEW YORK —
Ford is stopping work on a significant battery plant in the northern U.S. state of Michigan, the carmanufacturer stated Monday, simply 7 months after introducing the task with a Chinese partner.
The interruption, which a Ford agent verified to AFP, comes as the business dealswith a significant strike along with both of the other “Big Three” U.S. carmanufacturers, Stellantis and General Motors.
The Ford representative firmlyinsisted the choice about the $3.5 billion battery plant had not been associated to the continuous strike, however rather the website’s future financial practicality.
“We’re stoppingbriefly work and restricting investing on building on the Marshall job till we’re positive about our capability to competitively run the plant,” the representative stated.
“We hav