Ford Motor CEO Despairs Over US Policy Inconsistencies: Factory Nears Completion, Promised Subsidies in Jeopardy?
2025-05-30 / Read about 0 minute
Author:小编   

On Thursday, Eastern Time, Bill Ford, Executive Chairman of Ford Motor Company, issued a dire warning that the tax reform bill recently passed by the US House of Representatives could strip Ford factories of crucial production tax credits, jeopardizing plant operations and potentially eliminating thousands of jobs. The legislation includes a provision barring tax credits for batteries that incorporate parts or technology sourced from specific Chinese companies. Ironically, Ford's plant in Michigan utilizes technology from Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL). With the factory currently 60% complete and poised to hire 1,700 workers, this policy shift could have devastating consequences.