
- Ford has officially entered the stationary energy storage industry.
- Ford Energy is a wholly owned subsidiary of Ford Motor Company.
- The new entity will build modular battery containers in Kentucky using prismatic LFP cells.
After trying and failing to overtake Tesla in electric car sales, Ford has now officially entered the battery energy storage market with a new subsidiary called Ford Energy. The company’s first product, the DC block, will compete directly with Tesla’s Megapack.