Ford Announces New Battery Storage Partnership with EDF
Ford announced a new partnership with EDF to deliver up to 20GWh of battery energy storage systems starting in 2028. The venture, Ford Energy, aims to enter the AI infrastructure market and is expected to generate $600 million annually in incremental earnings before interest and taxes (EBIT), according to Morgan Stanley analysts.
Topics: AI infrastructure BESS (Battery Energy Storage Systems) EDF Ford Morgan Stanley