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Supportive

Ford no longer looks like an also-ran in the global EV race—it’s just that it has taken an alternate route

Ford's new grid-battery business, Ford Energy, aims to salvage its electric vehicle ambitions and capitalize on the energy demand from AI data centers. Following significant EV losses, this "sound" strategy retools a Kentucky plant and licenses CATL technology. It promises substantial financial returns, addresses power grid instability, and keeps Ford’s EV future viable. Despite competition and complexities, the author views this as a critical lifeline offering strategic benefits and enabling future partnerships, showcasing Ford's adaptive response in dynamic energy markets.

LiveMint · mint · May 18, 2026 at 9:30 AM

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