When Will the US Finally Get $15K EVs?

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…