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15 Dec
17:20

Ford, CATL mull crafty plan for US battery plant: report

US carmaker Ford and Chinese battery giant CATL are reportedly exploring complex arrangements to build a battery gigafactory in the US, despite rising political tension. Citing unnamed sources closer to the matter, Bloomberg said on Thursday Michigan and Virginia have emerged as potential sports for the “multibillion-dollar” facility. Under the allegedly arrangements, Ford could own 100% of the plant along with the building and infrastructure, while C…
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