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China's CATL to Provide Know-How for Ford's New US$3.5 Billion Electric-Car Battery Plant in US

14 Feb 2023 | Abstracted from South China Morning Press

"US carmaker will be contracting the battery know-how from China's Contemporary Amperex Technology Co, which will help set up the plant and have staff there...[Ford] will own and operate the factory and set up a wholly owned subsidiary to run it.

"The facility [which will employee 2,500 workers] is set to open in 2026 and will produce enough batteries to power 400,000 EVs a year."

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