Ford’s Michigan EV battery plant to qualify for tax credits

Published 08/07/2025, 14:00
© Reuters.

Investing.com -- Ford Motor (NYSE:F) announced Tuesday that its $3 billion electric vehicle battery plant in Michigan is expected to qualify for production tax credits following revisions to tax and budget legislation.

The Marshall, Michigan facility, which is currently 60% complete, had faced uncertainty after Ford raised concerns in May about potential elimination of production tax credits for batteries using Chinese technology in the House version of the bill.

"The Marshall, Michigan plant that is slated to employ 1,700 workers is on track to qualify for the production tax credit -- a win for our customers and a win for American competitiveness," Ford stated.

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