Ford Warns of Job Losses at Michigan EV Battery Plant Over Subsidy Cuts
Ford warns of job losses at Michigan EV battery plant if Congress cuts clean energy subsidies, impacting U.S. competitiveness in green energy.
The potential reduction in EV subsidies by Congress could not only jeopardize thousands of jobs at Ford's new battery plant but also hinder the U.S.'s ability to compete with China in the clean energy sector. This development is crucial for stakeholders in the automotive and renewable energy industries, as it underscores the delicate balance between policy decisions and economic growth in the transition to green energy.