Stuck With an Empty Factory, Ford Seeks a New Market
Ford is converting its idle battery factory in Glendale, Kentucky, which initially produced EV batteries, to now manufacture large-scale storage batteries for utilities, data centers, and homeowners. This strategic pivot aims to capitalize on the growing demand for energy storage, despite Ford's limited experience in this specific battery market and facing seasoned competitors. The move follows financial losses related to its previous EV battery venture and reflects a shift in market dynamics influenced by changing political policies regarding electric vehicles.
https://www.nytimes.com/2026/02/12/business/energy-environment/ford-battery-storage-factory-kentucky.html