Ford (F) halts the construction of its electric vehicle battery plant in Marshall, Michigan, citing uncertainty about the site's ability to compete with major EV makers. The facility, which had the potential to employ up to 2,500 workers, faces this setback amid the ongoing autoworkers strike against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA).
Yahoo Finance Autos Reporter Pras Subramanian discusses the details of the plant's untimely shutdown, referring back to comments made by Ford CEO Jim Farley in March, while also commenting on President Biden's visit to United Auto Workers' picket lines in Michigan.
