Ford has develop into the #2 electrical car vendor within the USA, however it’s additionally now #1 in one thing within the area. It’s the primary automaker to state that it’ll produce each NMC (nickel manganese cobalt) and LFP (lithium iron phosphate) batteries for electrical autos in the US.
The Michigan-based automaker is investing a full $3.5 billion into a brand new LFP battery manufacturing unit in Marshall, Michigan. Manufacturing is meant to start out in 2026 at “BlueOval Battery Park Michigan,” and a pair of,500 workers are anticipated to be employed within the course of. The battery manufacturing unit may have a manufacturing capability of about 35 GWh as soon as it’s up and operating. That’s estimated to be sufficient batteries for 400,000 Ford electrical vehicles, vehicles, and SUVs.
Picture courtesy of Ford.
LFP batteries have much less power density and energy density than NMC batteries, however they can be cheaper and produce other advantages. For instance, they are often charged to 100% with out concern for battery degradation. And when you think about that NMC batteries ought to sometimes not cost above 80% (besides when actually wanted), with the ability to cost every day to 100% makes a distinction and makes up for any potential distinction in rated vary on a full cost.
Some variations of the Ford Mustang Mach-E will begin utilizing LFP batteries this yr. The Ford F-150 Lightning will begin utilizing LFP batteries in some trims in 2024. Different Ford EVs will use LFP batteries, too, however the firm isn’t naming them but.
Including LFP batteries to its EV lineup is partly about including extra shopper alternative. “Providing LFP as a second battery chemistry – along with nickel cobalt manganese (NCM) – permits Ford clients to decide on an electrical car with distinctive battery efficiency traits most aligned with their wants,” Ford writes. “LFP batteries are very sturdy and tolerate extra frequent and sooner charging whereas utilizing fewer high-demand, high-cost supplies. This lower-cost battery, at scale, will assist Ford include and even additional cut back EV costs for purchasers. These LFP batteries will energy quite a lot of reasonably priced, next-generation Ford EV passenger autos and vehicles below improvement, most of which might be assembled within the U.S.”
“Ford’s electrical car lineup has generated enormous demand. To get as many Ford EVs to clients as attainable, we’re the primary automaker to commit to construct each NCM and LFP batteries in the US,” mentioned Jim Farley, Ford president and CEO. “We’re delivering on our commitments as we scale LFP and NCM batteries and 1000’s, and shortly tens of millions, of shoppers will start to reap the advantages of Ford EVs with cutting-edge, sturdy battery applied sciences which might be rising extra reasonably priced over time.”
Ford intends to achieve an annual manufacturing run price of 600,000 by the top of 2023. It plans to continue to grow its EV efforts past this yr as properly with a purpose to attain a manufacturing price of two million by the top of 2026.
“Michigan Governor Gretchen Whitmer speaks at Ford Ion Park in Romulus, Michigan, on Monday, Feb. 13, 2023 the place Ford Motor Firm introduced plans for a lithium iron phosphate (LFP) battery plant in Marshall, Michigan. Ford is investing $3.5 billion within the nation’s first automaker-backed LFP battery plant, providing clients a second battery know-how inside Ford’s electrical car lineup. The plant will initially make use of 2,500 employees when it opens in 2026, and Ford may have the choice to additional develop battery capability in Marshall sooner or later.” Picture courtesy of Ford.
This $3.5 billion funding within the LFP battery manufacturing unit is only a small a part of a a lot larger plan. Ford plans to speculate greater than $50 billion into the “EV revolution.” Within the USA, Ford and companions have already made bulletins of investments totaling $17.6 billion since 2019. These investments are estimated to create 18,000 direct jobs and 100,000 oblique jobs. These investments and jobs are going down in Kentucky, Michigan, Missouri, Ohio, and Tennessee.
The battery cells that can go into the battery packs produced in Michigan will come from China’s CATL. Ford additionally has battery partnerships with South Korea’s SK On (beforehand SK Innovation) and LG Vitality Answer (beforehand LG Chem).
