This would be a nice pick up for Michigan...
Ford, CATL consider battery plant in Michigan amid U.S.-China tensions

"Ford Motor Co. and China's Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits without running afoul of U.S.-China political sensitivities.Michigan has emerged along with Virginia as a potential home of the multibillion-dollar facility, according to people familiar with the matter, who asked not to be identified discussing sensitive negotiations. The factory will provide lithium iron phosphate batteries for Ford's electric models.

"The companies are weighing a novel ownership structure under which Ford would own 100 percent of the plant, including the building and the infrastructure, while CATL would operate the factory and own the technology to build the cells, the people said. Such an arrangement would let the facility qualify for lucrative production tax credits under the new Inflation Reduction Act while requiring no direct financial investment from CATL.
https://www.crainsdetroit.com/manufa...plant-michigan