Ford and others are converting battery factories to produce industrial and utility-scale energy storage
Makers of electric-vehicle batteries are pivoting to make energy storage for data centers and utilities, including the likes of Ford Motor
Battery manufacturers made significant investments in the U.S. in recent years, buoyed by policy support for EVs. That changed when President Trump’s administration took away carrots incentivizing EV buyers and did away with sticks that punished automakers for making gas-guzzlers. Benchmark Mineral Intelligence expects energy storage to make up 41% of total U.S. battery demand this year, up from 26% two years ago.
