After GM's announcement this week that it would invest $336 million in its Detroit-Hamtramck assembly plant to build the Volt, there are noises from Ford about a similar investment. Automotive News is reporting that the Blue Oval is weighing putting $300 to $500 million into hybrid and electric vehicle plants in Michigan – if they can get the tax credits from the state. Ford is asking for $85 million in credits between 2012 and 2014 and another $35 million after 2014.
If the plants get the public money injection, Ford would have a place to assemble li-ion battery packs and consolidate production of hybrid vehicles Ford's director of global electric strategy, Nancy Gioia, told AN. Currently, the battery packs for Ford's top-selling Fusion (and Mercury Milan) hybrids are put together by Delphi Holdings in Mexico.
Michigan has, in the last year, approved over $550 million for advanced battery manufacturers who build plants in the state. Ford says 1,000 jobs would be created in the state (and lost elsewhere?) if the hybrid and plug-in plants relocate here.
[Source: Automotive News (subs req'd)]