--- title: "Ford Announcing Massive New $3.5B Battery Plant: Report" description: "Ford will reportedly announce the details of an EV battery plant that will be built in Marshall, Michigan, adding 2,500 jobs." date: "2023-02-12" modified: "2023-02-12" authors: - name: "Nico DeMattia" job_title: "Contributing Writer" link: "https://www.thedrive.com/authors/nico-demattia" url: "https://www.thedrive.com/news/ford-announcing-massive-new-3-5b-battery-plant-report" categories: - "Ford News" - "News" - "News by Brand" --- # Ford Announcing Massive New $3.5B Battery Plant: Report ![]() Ford could be announcing its new $3.5 billion electric vehicle [battery plant ]()in Michigan. According to *[Automotive News]()*, two sources close to Ford told its affiliate, *Crain's Detroit Business*, that the announcement will happen at Ford Ion Park in Romulus, Michigan on Monday, February 13. Ford is said to be partnering with Chinese battery company CATL to build the plant. *The Drive reached out to Ford for a statement and will update this story if we get any information.* The announcement is said to reveal detailed plans for the new Marshall, Michigan plant, as well as the addition of 2,500 jobs. It's reported that the plant will be built at the intersection of Interstates 69 and 94. Ford reportedly received $1 billion in incentives from the state of Michigan, which was competing with Virginia for the plant. However, last month Virginia Governor Glenn Youngkin withdrew Virginia from the running. A spokesperson for Youngkin told the*[ Richmond Times-Dispatch ]()*“While Ford is an iconic American company, it became clear that this proposal would serve as a front for the Chinese Communist party, which could compromise our economic security and Virginians’ personal privacy." ![]() However, sources close to Ford reportedly claim that the partnership between Ford and CATL is mostly for technical knowhow. Ford is said to own the plant and will employ the workers, while CATL will provide battery technology. That partnership structure could be so Ford can take advantage of rules put in place by the new Inflation Reduction Act (IRA), which restricts EV tax credits from manufacturers whose battery components are assembled by a "foreign entity of concern." Ford hasn't confirmed the details of its announcement but it has confirmed in a recent press release that it will announce its plan "to rapidly scale EVs and make them more accessible to customers," on Monday at 1:45 PM ET. *Got tips? Send 'em to tips@thedrive.com* ## Author Nico is a writer and reviewer from New Jersey who probably thinks he’s a lot funnier than he actually is. His love of cars began when he was just a kid playing Gran Turismo 3, grinding out enough race wins with a Mazda Miata to save up for an in-game RUF 911. That passion for small, lightweight sports cars drove his desire to learn more about the industry, get his hands on as many cars as he could, and bring those experiences to life on the page. He cut his teeth writing about BMWs, Volkswagens, and Audis, mostly, and has owned far too many of each. He’s on his fourth 3 Series sedan, but all of his old, cheap German cars have forced him to learn more about car maintenance than his mechanical capability can handle. Too many late nights have been spent scrambling to get a car running by morning so he could get to work. For some reason, he never seems to learn that old Bimmers probably aren’t the best daily drivers. But he loves more than just old German cars. He’ll gladly drive and discuss anything with four (or even three) wheels. Cars aren’t his only passions, though. Nico is also a big nerd and loves movies, video games, comic books, and cares far too much about the New York Giants. So don’t be surprised if you see football references or dumb, obscure movie quotes in any of his car reviews. ### Author social links [Instagram]() [LinkedIn]()