According to Bloomberg, Ford has contemplated a structure in which it would own the whole factory as well as neighbouring infrastructure. The facility would also house Ford employees. CATL would solely own the battery manufacturing technology. This arrangement may allow batteries manufactured at the plant to qualify for Inflation Reduction Act-related tax credits. “We’ve stated that we’re investigating batteries based on CATL’s technology for Ford cars, which we want to localise,” a Ford representative told Bloomberg.
