Ford Announces Entry into Energy Storage Market with Battery Production

Ford Motor Company has shifted its focus from electric vehicles to energy storage solutions for data centers and AI semiconductor factories. The company plans to produce batteries using technology licensed from CATL, aiming to generate up to $5 billion in new revenue by 2030.

By Rich Smith, The Motley Fool Sun, June 21, 2026 at 2:27 PM GMT+3 5 min read · Yahoo Finance · June 21, 2026, 11:27 UTC

Ford Announces Entry into Energy Storage Market with Battery Production

Tickers: $F $GM $MS

Topics: AI Data Centers Battery Manufacturing Electric Vehicles Energy Storage

Read the full article at Yahoo Finance

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