Ford has established Ford Energy as a wholly owned subsidiary to manufacture battery energy storage systems.
The company could become a supplier for utility-scale projects and residential energy storage markets by repurposing EV battery manufacturing infrastructure in Kentucky.
The automaker plans to deploy at least 20 GWh of battery energy storage systems each year. First customer deliveries are planned for 2027.
"Ford Energy allows us to maximise the value of our battery manufacturing capabilities," says Lisa Drake, President of Ford Energy.
"We're building a business focused first on utility-scale battery energy storage systems for large customers while also offering battery cells for residential energy storage solutions."
