Ford Motor Company (F) is realigning its strategies by investing in a new battery energy storage business to target growing markets. The company plans to convert its Kentucky facility for energy storage production, investing $2 billion over two years. Ford aims to reach 20 GWh of annual deployment by late 2027.
Tesla’s (TSLA) Energy Generation and Storage business is experiencing robust growth with its Megapack and Powerwall products. General Motors Company (GM) is also accelerating EV adoption through its energy ecosystem. GM Energy has seen significant revenue growth and increased sales of charging and energy products.
Ford’s stock performance has lagged behind the industry, but it appears undervalued based on its price/sales ratio. Analysts have adjusted their earnings estimates for Ford for 2025 and 2026. Zacks Investment Research is set to release its top 10 stock picks for 2026, with a history of exceptional performance in previous years.
Read more at Nasdaq: Is Ford Rewiring Its Future With Investment in Battery Energy Storage?
