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Ford Jumps Into EV Battery Market

Research and Markets
·2-min read

Dublin, May 06, 2021 (GLOBE NEWSWIRE) -- ResearchAndMarkets.compublished a new article on the EV battery industry"Ford Jumps Into EV Battery Market" report has been added to ResearchAndMarkets.com's offering.

US auto company Ford Motor announced plans Tuesday to invest $185 million into a new battery lab as a step toward manufacturing its own battery cells for electric vehicles.

The funds will go toward constructing Ford Ion Park, a 200,000-square-foot production "pilot facility" that's expected to open by the end of next year in metro Detroit. Ford's new facility will not, however, be a full battery cell production facility like Tesla has or as General Motors has announced, as part of recent $4.6 billion investments in the U.S.

Ford plans to put $22 billion into electric vehicles through 2025.

The article on ResearchAndMarkets.com contains a selection of reports on electric vehicle batteries such as:

  1. Battery Electric Vehicle Market by Vehicle Type - Global Opportunity Analysis and Industry Forecast, 2020-2030

  2. EV Batteries and Materials: Technology, Trends, and Market Forecasts

  3. Battery Additives Market Size, Share & Analysis, By Electrode Type, By Application Type, By End-Use, And By Region, Forecast To 2028

To see the full article and a list of related reports on the market, visit "Ford Jumps Into EV Battery Market"

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