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Saturday, November 23, 2024

Ford Motor Company Pauses Battery Factory Project in Marshall

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Congressman John R. Moolenaar | Rep. John R. Moolenaar Official U.S House Headshot

Congressman John R. Moolenaar | Rep. John R. Moolenaar Official U.S House Headshot

Today, Ford Motor Company announced it is pausing its plans to build a battery component factory in Marshall. The joint venture between Ford and CATL, a Chinese Communist Party-affiliated company, has raised concerns about the automaker becoming dependent on the CCP as it attempts to meet President Biden’s goal of having two-thirds of all new vehicles sold in the U.S. be electric by 2032.

"While I support Ford’s decision to put the Marshall project on hold, President Biden should end his tailpipe policies and give American automakers and their employees the freedom to innovate and create the auto technologies of the future. Right now, Biden’s current policies force American auto companies to be more dependent on the Chinese Communist Party and the electric vehicle materials that China has a stranglehold on,” said Congressman John Moolenaar, Member of the House Select Committee on the Strategic Competition with Chinese Communist Party.

Moolenaar is a member of the House Select Committee on the Strategic Competition with Chinese Communist Party. Moolenaar and Select Committee Chairman Mike Gallagher (R-WI) recently called on Treasury Secretary Janet Yellen to ensure federal tax incentives are not given to CCP-affiliated companies.

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