Ford backs away from $1.2B battery materials plant in Quebec amid EV growing pains

A artist rendering of a battery materials manufacturing plant to be built in Bécancour, Que. — Plans for the $1.2-billion cathode manufacturing facility in Bécancour, Que., shown in a rendering, were announced in 2023. (FORD)

Last Updated

November 21, 2024 11:00 AM

Ford Motor Co. has abandoned plans to produce battery material for electric vehicles in Quebec, backing away from a joint-venture manufacturing plant under construction in Bécancour as it slows its rollout of EVs amid high costs and tepid demand.

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