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Ford to Invest $3.5 Billion in Electric Vehicle Battery Plant in Michigan
Ford Motor Company announced plans to invest $3.5 billion in a new electric vehicle battery plant in Michigan. The plant will create over 2,500 jobs and is expected to start production in 2026. The investment is part of Ford's broader strategy to accelerate its transition to electric vehicles. The company aims to have 40% of its global vehicle sales be electric by 2030. #ElectricVehicles #BatteryTechnology
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