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Ford's Battery Pivot Teases A Multi-Year Technical Breakout
Benzinga·
Ford Motor announced Ford Energy, a new subsidiary focused on large-scale battery storage systems for utilities, data centers, and industrial customers. The company is investing $2 billion to repurpose battery manufacturing capacity in Kentucky, with first deliveries expected in late 2027. Morgan Stanley valued the division at $10 billion with potential $588 million annual EBIT at scale. Ford secured a major partnership with EDF for 4 gigawatt-hours annually starting 2028 and partnered with CATL for technological support. The stock rallied over 10% this week and technically could reach $23 based on chart analysis.
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