Ford Secures 20 GWh EDF Deal After Launching AI Data Center Battery Business
Updated
Updated · Bloomberg · May 21
Ford Secures 20 GWh EDF Deal After Launching AI Data Center Battery Business
6 articles · Updated · Bloomberg · May 21
Ford signed its first energy-storage contract—a five-year agreement with EDF power solutions to supply up to 20 GWh for AI hyperscalers and data centers.
The deal follows Ford's launch of a new business focused on large batteries for the fast-growing power needs of AI infrastructure.
Ford shares jumped 21% over two days last week as investors embraced the automaker's move into the AI data-center energy boom.
The push pulls the 122-year-old carmaker into a broader trend of legacy industrial companies seeking growth from AI-linked demand beyond their core businesses.
By licensing Chinese tech for its 'Made in America' batteries, is Ford truly building a secure energy future for the US?
Is Ford's energy venture a brilliant pivot or a desperate salvage of its failed multi-billion dollar EV strategy?