MARSHALL, MI—Ford Motor Co. plans to build a $3.5 million factory here to mass-produce lithium-iron-phosphate (LFP) batteries. BlueOval Battery Park Michigan is expected to ramp up production in 2026.
As part of the automaker’s plan to offer a new battery chemistry and source in key regions where it produces electric vehicles, Ford has reached a new agreement with Contemporary Amperex Technology Co. (CATL), the world’s leading EV battery manufacturer. Ford’s wholly owned subsidiary will manufacture battery cells using LFP production knowledge and services provided by CATL.