Ford to move forward with $3.5 billion EV battery plant with Chinese company
![](https://www.fgnnews.com/wp-content/uploads/2023/01/default_image.png)
Ford will own the new facility through a wholly owned subsidiary instead of operating it as a joint venture, which Ford has done with non-China partners.
Ford will own the new facility through a wholly owned subsidiary instead of operating it as a joint venture, which Ford has done with non-China partners.