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16 Feb
11:10

CATL aims for bigger vision on LFP battery deal with Ford

Chinese battery giant CATL recently confirmed it has accepted US automaker Ford's invitation to provide construction and operation services - and license patented technology - for the latter's lithium iron phosphate battery plant in Michigan, Kallanish understands. Ford will own 100% of the plant. This model is seen as a compromise under the requirements stated by the Inflation Reduction Act. It guarantees stable returns for CATL while reduc…
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