Overview

• Ford confirmed its BlueOval Battery Park Michigan is on track to qualify for the federal Section 45X production tax credit
• The Marshall, Michigan plant, first U.S. facility for automotive LFP batteries, is roughly 60 percent complete and slated to begin production next year
• Projects breaking ground before end-2024 receive a grandfather clause exempting them from stricter domestic sourcing stipulations under the recent legislation
• Lawmakers revised the final Senate version of the One Big Beautiful Bill Act to preserve credit eligibility for components licensed from prohibited foreign entities like CATL
• Ford now awaits final implementation rules from the Treasury Department to officially confirm its credit qualification and secure incentives worth up to $35 per kilowatt-hour