On Thursday, Ford Motor Company declared that it has gotten 60 GWh of battery cells that will permit it to fabricate 600,000 electric vehicles by late 2023. What’s more, it says it has contracts for cells that will permit it to construct 1.4 million EVs by 2026 and has obtained materials for 70% of the 2 million EVs it intends to build worldwide that year.
“Ford’s new electric vehicle lineup has generated huge enthusiasm and demand, and now we are putting the industrial system in place to scale quickly,” said Jim Farley, Ford’s president and CEO and president of Ford Model e. “Our Model e team has moved with speed, focus, and creativity to secure the battery capacity and raw materials we need to deliver breakthrough EVs for millions of customers.”
The automaker says that its plan for 2023 will comprise of 270,000 Mustang Mach-Es for North America, Europe, and China, 150,000 F-150 Lightnings for North America, 150,000 e-Transit vans for North America and Europe, and it will send off an extra electric SUV in Europe, building 30,000 in 2023 preceding sloping up production altogether in 2024.
The Blue Oval is likewise going to add a new battery chemistry to its EVs. The battery organization CATL will make lithium iron phosphate packs for the Mustang Mach-E beginning one year from now and for the F-150 Lightning from 2024. Furthermore, in 2026 it intends to fabricate those LFP cells in the US with a capacity of 40 GWh a year.
In any case, it’s not moving to an all-LFP lineup; Ford will in any case utilize nickel cobalt manganese lithium-ion cells from both LG Energy Solution and SK On. Ford and SK have formed a joint endeavor called BlueOval SK to construct three battery plants in the US, each with the ability to make 43 GWh of cells a year.