Ok_Communication5221 t1_is3rnag wrote
Reply to comment by ForHidingSquirrels in US Federal Reserve sees EV “battery belt” developing as greater than 15 battery manufacturing facilities worth greater than $40 billion are in development in the US by ForHidingSquirrels
My wife’s family is from West Tennessee. Ford bought 3500 acres for Ford Blue Oval. It’s just far enough East of Memphis to be more property cheap but still very close to FedEx and right off Interstate 40 and 50 miles from the Mississippi River as well as close to BNSF Intermodal. My understanding is this will be a combo battery and F-150 Lightning factory. Tennessee has very “company” friendly labor laws which is why Nissan and VW have auto plants there. Jim Farley is very bold taking on UAW and their dealership network simultaneously.
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