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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

JULY 22, 2022

Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Ford also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023.

Ford 221
Ford North America F-150 Batteries 221
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Ford will use module-less LFP batteries from CATL

Push EVs

JULY 21, 2022

Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Ford also is leveraging its long-standing connection with LG Energy Solution (LGES) and its strategic relationship with SK On to meet its battery capacity target for late 2023.

Ford 105
Ford F-150 North America Batteries 105
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