Show Notes with links:
Ford Motor Co. has halted construction on its $3.5 billion electric vehicle battery plant in Marshall, Mich. until ‘until we're confident about our ability to competitively operate the plant.'
- The UAW criticized the move, calling it a "shameful, barely-veiled threat" to cut jobs during tense contract negotiations.
- Ford's spokesperson, T.R. Reid, mentioned they are pausing to ensure their ability to operate the plant competitively and haven't finalized decisions on the planned investment.
- Originally scheduled to open in 2026, the BlueOval Battery Park Michigan plant is expected to employ 2,500 workers, producing batteries to power approximately 400,000 EVs.
Nissan announced that all of its new models in Europe will be fully electric and it plans to sell only EVs in Europe by the year 2030.
- Nissan announced its intention to exclusively sell EVs in Europe by 2030. With CEO Makoto Uchida affirming the irreversible shift towards electrification,
- "There is no turning back now," CEO Makoto Uchida said.
- Nissan aims to align with Renault, Ford, Stellantis and Volvo as automakers planning to be fully EV in Europe by 2030.
- Nissan says some of the push to change comes from China. "There's a lot of competition happening ... the Chinese (carmakers) are coming massively," Uchida said. "The Chinese have moved much, much faster than we expected."
.svg.webp){kind=icon}
