Two things come to mind.
CATL is under suspicion as a Chinese company setting up shop in the US to get fed dollars.
Ford needs its regular factories, especially F150 raptor model being produced with high margins. Because they are losing tens of thousands per EV they sell. Last I heard the electric F150 is -$40k to Ford for each one they sell. Union is messing that profit margin up.
Two things come to mind.
1. CATL is under suspicion as a Chinese company setting up shop in the US to get fed dollars.
2. Ford needs its regular factories, especially F150 raptor model being produced with high margins. Because they are losing tens of thousands per EV they sell.
Last I heard the electric F150 is -$40k to Ford for each one they sell. Union is messing that profit margin up.
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