Ford’s Jim Farley slashes plans for new EV battery plant – Canada Boosts
Ford chief government Jim Farley is downsizing plans for a brand new low-cost battery cell plant within the automaker’s house state of Michigan amid a pointy slowdown droop in EV gross sales. The marketplace for electrical autos is presently experiencing a “trough of disillusionment”, in response to business researchers at Cox Automotive, spurred partly by…