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Ford Abruptly Halts Construction on Much-Touted $3.5 Billion EV Battery Plant

Ford is halting work on a $3.5 billion plant in Marshall, Michigan, that would make batteries for electric vehicles. The announcement came after the automaker in July projected its EV unit would lose $4.5 billion this year, about 50 percent more than planned, and that it was slowing its plans...

Ford is halting work on a $3.5 billion plant in Marshall, Michigan, that would make batteries for electric vehicles. The announcement came after the automaker in July projected its EV unit would lose $4.5 billion this year, about 50 percent more than planned, and that it was slowing its plans…

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