Ford Invests $2 Billion in Grid Battery Storage, Expanding into Energy Sector

Ford Motor Company has announced a $2 billion investment in grid battery storage through its new division, Ford Energy, aiming to handle 20GWh of annual capacity by 2027. This shift marks a strategic pivot from large EV production to energy storage solutions, which could influence power grid stability and consumer energy costs.

By Eric Esposito Wed, April 15, 2026 at 1:40 PM GMT+3 5 min read · Yahoo Finance · April 15, 2026, 10:40 UTC

Tickers: $F $GM $TSLA

Topics: battery storage EV strategy Ford grid energy investment restructuring

Read the full article at Yahoo Finance

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