Ford plant incentives slashed by Michigan after EV projects shrink

Blue Oval Marshall gate_MC.jpg — Ford's project in Marshall, Mich., has been scaled back since it was announced. (MICKEY CIOKAJLO\/CRAIN'S DETROIT BUSINESS)

By:

Crain's Detroit Business

July 09, 2024 02:08 PM

The state of Michigan is slashing an incentives package to Ford Motor Co. by more than half after the automaker dramatically reduced the scope of its electric vehicle projects to match demand.

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