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Ford, too, is creating a battery plant to make prismatic LFP cells for future EVs. The site in Marshall, Michigan, has attracted political opposition amid controversy over Ford’s decision to license intellectual property for those cells from CATL, China’s largest battery company. Ford pushed back on the criticism, arguing that America needs LFP batteries to lower EV costs and “reshore” a technology initially invented in the US. GM, meanwhile, says the IP in its LFP cells is fully owned by the…
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Ford, too, is creating a battery plant to make prismatic LFP cells for future EVs. The site in Marshall, Michigan, has attracted political opposition amid controversy over Ford’s decision to license intellectual property for those cells from CATL, China’s largest battery company. Ford pushed back on the criticism, arguing that America needs LFP batteries to lower EV costs and “reshore” a technology initially invented in the US. GM, meanwhile, says the IP in its LFP cells is fully owned by the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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