What the MSM leaves out with the Ford-China deal on the new battery plant. So we heard how Ford’s bringing thousands of jobs to Michigan. Investing billions. A plant that Virginia turned down.
A plant that Ford only owns the building. The Chinese company owns the rest. The technology. So if The Chinese walk, Ford has no know how and a empty building. Beijing would be controlling both the technology and the factory operations at the plant, a joint enterprise between Ford and Contemporary Amperex Technology Co. Ltd., or CATL. Edited.
There are better alternatives. LG Energy Solutions, the leading South Korean battery manufacturer, is considering a sixth North American plant in Arizona. The think tank Atlas Public Policy lists other America-friendly plants in a recent report.
Here’s the scary part.
Changan Ford (Chinese: 长安福特; pinyin: Cháng’ān Fútè; full name Changan Ford Automobile Co., Ltd.) is a Chinese automotive manufacturing company headquartered in Chongqing. It is a 50/50 joint venture between local Changan Automobile and US-based Ford Motor Company. The company’s principal activity is the manufacture of Ford brand passenger cars for the Chinese market. The company was formed in Dec. 2012 after the decision to restructure Changan Ford Mazda, whereby Ford and Mazda agreed to work with Changan as separate joint ventures.[1] Currently, Changan Ford’s entire production base is the largest manufacturing location outside Detroit, Michigan for Ford.[2] It has plants in Chongqing, Hangzhou & Harbin.
