• Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
Blog - Creative Collaboration
No Result
View All Result
Home Cars

| Automotive News | Ford to locate Ion Park battery lab in Romulus, Mich., receive tax breaks

July 27, 2021
Share on FacebookShare on Twitter

DETROIT — Ford Motor Co. on Tuesday said its Ion Park battery lab, revealed in April, will be based in Romulus, Mich., a suburb southwest of Detroit.

The automaker on Tuesday received approval from the Michigan Strategic Fund, part of the Michigan Economic Development Corp., to transfer an existing Renaissance Zone tax incentive to help establish the 200,000-square-foot facility, which Ford says will cost $100 million and house roughly 200 employees. The Renaissance Zone incentive includes a waiver of income and other taxes, according to the state.

The fund transferred a zone that had been utilized by battery-maker A123 Systems Inc. and that will expire at the end of 2025, according to a Michigan Economic Development Corp. briefing memo. The memo said A123 Systems ceased operations in Romulus this year and that Ford is negotiating the purchase of land and an existing facility, which it will renovate, within the zone.

Ion Park, scheduled to open by the end of next year, will serve as a key research lab for Ford as it moves toward manufacturing its own battery cells. Ford says workers there will be capable of designing and manufacturing lithium ion and solid-state battery cells and arrays.

“Ford already is delivering on our plan to lead the electric revolution with strong new vehicles including Mustang Mach-E, 2022 E-Transit available late 2021 and the 2022 F-150 Lightning,” Anand Sankaran, Ford Ion Park director, said in a statement. “The new lab will help Ford speed up the battery development process to deliver even more capable, affordable batteries and is part of Ford’s renewed commitment to making Michigan a centerpiece of its focus on EVs.”

Ford said the Ion Park investment is part of its $30 billion commitment to electrification. The Ion Park team will work closely with Ford’s Battery Benchmarking and Test Laboratory in Allen Park, Mich., which opened in 2020. That site has 150 test chambers and 325 channels for development work; it has tested more than 150 types of battery cells.

Next Post

Obsessed with yoga and pilates? Glo app brings it to your phone

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • A 32-inch 4K OLED at 240Hz for $799.99 is a serious monitor upgrade
  • AI Changing SEO Tools
  • I reorganized my Google Wallet, and checkout got instantly faster
  • Nscale raises $2bn Series C at $14.6bn valuation
  • Augur raises $15M to protect critical infrastructure

Recent Comments

    No Result
    View All Result

    Categories

    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi
    • Home
    • Shop
    • Privacy Policy
    • Terms and Conditions

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Blog
    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    Get more stuff like this
    in your inbox

    Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

    Thank you for subscribing.

    Something went wrong.

    We respect your privacy and take protecting it seriously