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Ford signs a deal with CATL to build a $3.5 billion LFP battery factory in Michigan for 2026, marking what could be a wave of intellectual property deals with Chinese battery leaders to produce price-competitive batteries in the US while maybe still complying with IRA subsidies. Portugal sees $8.6 billion investment in wind which will likely spill out towards hydrogen production in the future. China's intellectual property ban including some solar industry tech looks to be trying to stifle foreign manufacturing efforts.
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