Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Ford accelerates EV battery development

    Ford accelerates EV battery development

    May 2, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp

    Detroit — Ford Motor Co on Tuesday took a fresh step toward taking control of electric vehicle battery design and production, saying it would establish a southeast Michigan centre to research and build prototype lithium ion and solid-state cells.

    Ford Chief Executive Jim Farley signaled last November that the Dearborn, Mich.-based automaker was considering designing and producing its own batteries, following rivals Tesla Inc and General Motors Co, which have taken control of their battery production, working with partners.

    Ford officials did not confirm a battery production plan, but left the door open for such a move.

    “We now see the market is going to develop very quickly and we will have sufficient scale to justify greater levels of integration,” Ford’s chief product platforms and operations officer, Hau Thai-Tang, said during a conference call.

    The supply chain disruptions caused by the pandemic and the more recent shortages of semiconductors have “heightened the importance of controlling the supply chain,” Thai-Tang said.

    Ford expects to continue working with battery makers, including South Korea’s SK Innovation Co, a supplier for Ford’s electric F-150 pickup and other models, Thai-Tang said. But the company wants “flexibility and optionality to eventually vertically integrate.”

    Ford plans to invest $185 million in battery development and prototype manufacturing operations in an operation with 150 employees to be called Ford Ion Park, it said. The 200,000-square-foot center will open late next year.

    (Reporting By Joe White; Editing by Dan Grebler)

    Follow us on twitter

    Related News

    Schneider Electric’s Panel Builder Programme empower local builders

    China pushes ahead in battery technology race

    Africa’s solar boom: What businesses must do now to reap the benefits

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    InterContinental Energy’s P2(H2) Node™ system cuts green hydrogen costs

    May 12, 2025

    Rivers women demand urgent action against sea piracy

    May 12, 2025

    Troops uncover 15km oil theft pipeline in Rivers state

    May 12, 2025

    ‘Africa must control clean energy future, not just supply raw minerals’

    May 12, 2025

    Nigeria moves to dominate Africa’s trade, inaugurates MSME committee

    May 12, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.