Ford's Radical Strategy Shift! A Leap Forward with Ford Energy into Battery Storage Systems!
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New Division: Establishment of the subsidiary Ford Energy for the production of stationary battery storage systems starting in late 2027 with an annual capacity of 20 GWh Q1 Results: Revenue rose to $43.3 billion with an adjusted EBIT of $3.5 billion. Deliveries of pure electric vehicles fell by 24.8% in April Market Expectations: Analysts value the new business area at up to $10 billion but caution against the dominance of competitors like Tesla The Ford Motor Company (F) is facing a structural realignment. With stagnating electric...
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