In Latest EV Pullback, Ford to Share Battery Plant With Nissan
Wall Street JournalTuesday, May 20, 2025 at 10:20:00 PM
Ford is hitting pause on part of its big electric vehicle battery plant as demand for EVs cools off. To help offset costs, they’re bringing Nissan on board to share the facility—a move that’ll also help both companies dodge some hefty tariffs.
What This Means: The EV market isn’t growing as fast as automakers hoped, and Ford’s decision to share its battery plant with Nissan shows how companies are scrambling to adapt. It’s a pragmatic fix—splitting costs and avoiding tariffs—but it also hints at bigger challenges for the industry’s electric ambitions. If even major players like Ford are tapping the brakes, the road to an all-EV future might be bumpier than expected.
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