Ford, China's CATL planning to build battery plant in US

Ford, China's CATL planning to build battery plant in US

FILE PHOTO: A logo is seen on the grill of an E-transit concept vehicle during a press event at the Ford Halewood transmissions plant in Liverpool, Britain, December 1, 2022. REUTERS/Phil Noble

Ford Motor Co and China’s Contemporary Amperex Technology Co Ltd (CATL) are considering building a battery plant in Michigan or Virginia to reap tax benefits without treading on Sino-US political sensitivities, Bloomberg reported on Wednesday.