Posted on 09/25/2023 9:49:54 PM PDT by george76
Ford repeatedly defended the proposed billion-dollar factory despite its reliance on Chinese company for key technology
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Ford Motor Company announced Monday that it would pause construction of a billion-dollar plant in Michigan involving a Chinese electric vehicle battery company.
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national security experts have blasted the company for teaming up with a Chinese firm with ties to the Chinese Communist Party on such a major investment.
The plan had been considered for Virginia, though it never reached a final discussion stage. Republican Gov. Glenn Youngkin opposed the plant over China's potential influence in the plan and argued that "CATL and the Chinese Communist Party would have full operational control over the technology."
Ford said in a statement to FOX Business that work on the factory had been paused and spending would be limited, but declined to pinpoint the exact considerations that factored into the decision. The Detroit-based company also said it hadn't made a final decision about the project despite repeatedly defending it for months.
"We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,"
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Ford announced in a ceremony earlier this year that it would invest $3.5 billion to build the plant in Marshall, Michigan. As part of the announcement, the U.S. automaker said it had reached an agreement with Contemporary Amperex Technology (CATL), a Ningde, China-based firm, to manufacture battery cells at the plant using services provided by the Chinese company.
(Excerpt) Read more at foxbusiness.com ...
Each UAW worker hopes he or she won’t be one of the thousands no longer necessary due to the changeover to EV which requires fewer human workers to build.
I’m expecting a headline:
“Ford Hires Hunter Biden For New Battery Plant”
Hmmmmm...
President Bribey would never stoop that low.
>chuckle
...”national security experts have blasted the company for teaming up with a Chinese firm with ties to the Chinese Communist Party”
You don’t have to be a national security expert to feel that way if you live in or near Marshall, MI. It’s creepier than a haunted house on Halloween.
Every single Chinese firm has ties to the Chinese Communist Party. If you do business with China you support the CCP.
Lots of Chinese management will be there. All honest and not spies, right?
it would not surprise me if those batteries could be denotated remotely via radio signal of some kind.
Speak in the smoky back rooms: Trump is going to win and the entire EV mandate and stack of govt cash flow supplements will come to a halt overnight.
The democrats bribe the ceo of Ford and GM to build electric vehicles that they know do not work. This is pay back to the communist chines that bribed biden and others.
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