Ford announced a change in plans for its electric vehicle battery production. At the release of its third-quarter earnings, the company announced a delay in battery production for one of its new plants in Hardin County, Kentucky. Initially, Ford intended to commence production at both the Kentucky 1 and Kentucky 2 plants. However, as demand fell short of Ford’s predictions, production at the Kentucky 1 facility will proceed as planned in 2025, while Kentucky 2 will sit idling for a while after it’s constructed. The two Kentucky factories are the result of Ford’s collaboration with… More…
Ford limits battery production as EV growth stalls
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