Ford launches Ford Energy subsidiary to build 20 GWh of battery storage annually

Ford has launched Ford Energy, a subsidiary focused on manufacturing and selling battery energy storage systems (BESS) for utilities and large industrial clients. The new unit aims to produce 20 GWh of storage annually from its Kentucky gigafactory, marking a strategic shift from EV battery overcapacity to the growing grid-scale energy storage market driven by increasing demand from AI data centers and renewable energy projects.