DETROIT — Ford Motor on Monday said it will build a $3.5 billion battery plant in southwestern Michigan because new federal tax credits make a U.S. location more favorable than options in Canada and Mexico.
DETROIT — Ford Motor on Monday said it will build a $3.5 billion battery plant in southwestern Michigan because new federal tax credits make a U.S. location more favorable than options in Canada and Mexico.
In an exclusive interview, Toyota Motor North America CEO Ted Ogawa said that affordability can be helped by stretching some vehicle life cycles.