Ford to Deliver Up to 20 GWh Battery Storage to EDF Over Five Years
F•Ford Energy will supply EDF Power Solutions with up to 4 GWh of DC Block battery storage systems annually for five years, totaling 20 GWh beginning in 2028. The agreement leverages Kentucky plant space and diversifies Ford’s battery assets beyond electric vehicles.
1. Deal Terms
Ford Energy and EDF Power Solutions North America signed a five-year supply agreement under which Ford will deliver up to 4 GWh of DC Block battery storage systems annually, totaling 20 GWh by 2032. Deliveries are slated to begin in 2028.
2. Strategic Rationale
The deal allows Ford to repurpose Kentucky plant space originally earmarked for EV battery production following a $19.5 billion writedown, bolstering its energy storage unit and capitalizing on rising demand for grid-scale backup power and AI-driven data centers.
3. Market Reaction
Ford shares rose roughly 3.6% in premarket trading after the announcement, reflecting investor optimism about new revenue streams. The next catalysts include executing the supply agreement and securing additional storage contracts before 2028.
