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Ford Launches Energy Subsidiary to Enter Utility-Scale Energy Storage Market

From:Internet Info Agency 2026-06-29 01:45:03

Ford Motor Company has recently established a wholly owned subsidiary, Ford Energy, to enter the utility-scale battery energy storage market by leveraging its existing EV battery production capacity. This move aims to address the power supply constraints posed by the rapid expansion of AI data centers and meet the growing demand from hyperscale cloud service providers for alternative power solutions. Amid sluggish demand in the electric vehicle market, this initiative helps Ford utilize its otherwise idle battery manufacturing capacity.

Editor:NewsAssistant