CleanTechnica•10 days ago
New EV Energy Storage Study Sheds New Light On Ford’s EV Spinout
Key Takeaway
Ford's strategic pivot from pure EVs to hybrids and a 'massively expanded interest' in energy storage signals a significant shift in the automotive and energy sectors, creating new opportunities and challenges for developers and large power consumers in the energy storage market.
AI Summary
- •Ford Motor Company is strategically pivoting away from an 'all in' electric vehicle strategy, shifting focus towards hybrid gas-electric vehicles.
- •The company is demonstrating a 'massively expanded interest' in the energy storage industry, indicating a significant new area of investment and development for the OEM.
- •This shift by a major automotive manufacturer suggests potential re-evaluation of EV market growth projections and signals increased opportunities and competition within the energy storage sector for developers and large power consumers.
Topics
financingoemstorage
Article Content
It seems like only yesterday that Ford Motor Company was all in on electric vehicles. Well, that was then. Today, good old-fashioned gasmobiles and hybrid gas-electric vehicles are the name of Ford’s game, along with a massively expanded interest in the energy storage industry. Like, massively expanding. For some insights ... [continued] The post New EV Energy Storage Study Sheds New Light On Ford’s EV Spinout appeared first on CleanTechnica .