What war on EVs? Ford is hiring hundreds of workers to manufacture a new LFP battery in the US, with an assist from the leading Chinese energy storage firm CATL (cropped, courtesy of Ford).
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The Ford Motor Company really wasn’t kidding around when it teased a new LFP battery last year, aimed at reducing the up-front cost of an EV down to mass-market level. That’s a tough row to hoe considering the current state of federal decarbonization policy, but the company has a plan and a new factory up its sleeve, too.
The New LFP Battery Is Coming…With Jobs, Jobs, And More Jobs
Ford, of course, is not alone in the effort to reduce the up-front cost of EVs. Rival EV maker Rivian has been making some big moves this spring, having somehow managed to nail down a gigantic Energy Department loan towards the construction of its new factory in Georgia. Rivian has also affirmed plans to grab a slice of the forthcoming affordable EV market, and it recently joined the ChargeScape collaboration, an auto industry venture that makes it easier for EV drivers to hook up with utility discounts when charging up.
