What Does Ford Motor (F) Michigan Battery Lead Mean For Its EV Supply Chain?

Ford Motor (NYSE:F) is under political fire over its use of Chinese battery technology at a Michigan plant that is already operating. General Motors is pushing sodium-ion battery research to build U.S. battery capacity and limit reliance on Chinese suppliers. The two Detroit automakers are intensifying efforts to secure domestic battery supply chains for future electric vehicle production. The race between Ford’s Michigan battery plant and GM’s sodium-ion push captures only one slice of this...