Ford is starting a battery storage business to power data centers and
Amid Ford''s shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday that instead of scuttling plans to...
Ford launches battery storage business, repurposing EV
Ford is repurposing underutilized electric vehicle battery capacity and pivoting toward “higher-return opportunities” in the energy storage sector. The automotive giant said Monday it will...
Why U.S. Car Companies Want to Make Giant Batteries
Ford is now attempting to pivot, repurposing car battery production lines to make bigger batteries for data centers and utilities. Tesla is expanding efforts in the same space.
Ford appoints Lisa Drake as head of its new battery energy storage
US automaker Ford has appointed long-time top executive Lisa Drake as the head of Ford Energy as part of its realignment. She will build the new business unit for stationary battery
Ford to convert EV battery plants to make battery
Ford will repurpose EV battery plants to build grid-scale energy storage, betting on data centers as EV incentives fade.
Automakers Ford and GM jump into energy storage, competing with
Ford said in December it plans to convert one factory meant for EV batteries to energy storage products, spending $2 billion on top of the nearly $6 billion it invested building the factory.
Ford Is Retreating on EVs and Entering the Data Center Battery
The company is converting an EV battery factory in Kentucky to build energy storage systems for AI data centers. The move will see Ford challenge Tesla, which has its own thriving...
Lisa Drake Appointed President, Ford Energy; Will Launch New
In this new role, Drake is responsible for the full scope of Ford Energy''s end-to-end operations, spanning battery cell manufacturing, system assembly, and sales.
Ford to repurpose EV battery plant to build energy storage systems for
US automaker Ford on Monday announced plans to enter the battery storage market to contribute to the rising demand from data centers and grid infrastructure. The company plans to use
Ford Energy Push Positions Ford Deeper Into Battery Storage Supply
Ford Motor (NYSE:F) has launched a dedicated battery energy storage systems business called Ford Energy. Lisa Drake has been appointed president of the new unit, focusing on energy storage and