Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023.
Rebecca Cook | Reuters
Ford Motor (F) is reportedly gearing up for a new round of layoffs, just as the automaker secured a major loan from the U.S. government to produce batteries — two developments that should accelerate the Club holding’s efforts to become a top player in the electric-vehicle market.
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