Tuesday, September 16, 2025

Ford Unveils $185 Million Investment Towards A New Battery Lab in Detroit

Ford has revealed it will be investing $185 million towards a new battery lab, in a further step to producing its own battery cells for its lineup of electric vehicles.

In an announcement on Tuesday, Ford said it plans to construct a “pilot facility” outside of Detroit, called Ford Ion Park. The 200,000 square-foot lab will be open by the end of 2022, and will be used to develop new technologies that will eventually go towards the manufacturing of Ford’s own battery cells and batteries. However, the new facility will not be similar to the full battery cell production facilities that Tesla and General Motors have.

Currently, Ford purchases its cells from overseas suppliers, including South Korea-based SK Innovation. According to Ford’s chief product platform and operations officer Hau Thai-Tang, it continues to be economical for the company to purchase its cells from other suppliers until more consumers make the switch to EVs.

We want to give Ford the flexibility and optionality to eventually vertically integrate and that was one of the drivers behind the creation of this battery center of excellence in Ford Ion Park,” Thai-Tang said at a media briefing on Tuesday. “It’s really for us to develop that expertise and competency in house, and give us that flexibility in the future,” he explained.

According to Thai-Tang, the US automaker will predominantly concentrate on “advancing” the next-generation of lithium-ion batteries that are used in EVs today. Ford is also eyeing the development of solid-state lithium metal batteries, which are deemed safer and more efficient compared to the cells that are currently on the market. The company is expected to employ up to 150 people for Ion Park, some of whom have already been brought on.


Information for this briefing was found via Ford. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Mercedes-Benz Beats Tesla In Securing California’s First Approval To Sell Autonomous Vehicles

Mercedes-Benz has secured the California Department of Motor Vehicles’ approval for its automated driving system,...

Friday, June 9, 2023, 12:10:00 PM

Start-Up EV Maker Rivian Files Paperwork for IPO

On August 27, the private start-up electric vehicle manufacturer Rivian submitted a widely anticipated confidential...

Tuesday, August 31, 2021, 03:37:00 PM

EV Shares Soar Following Tesla’s Better-Than-Expected First Quarter Deliveries

The global EV sector appears to be set for a further price rally, following Tesla’s...

Monday, April 5, 2021, 05:37:00 PM

Canada To Spend $5 Billion Supporting Honda’s Investment In EV Manufacturing

In a landmark move for Canada’s automotive industry, Honda has announced a substantial $15 billion...

Thursday, April 25, 2024, 02:02:00 PM

Nio Reports Delivery Of 6,711 Vehicles In May

NIO Inc. (NYSE: NIO), today released its May 2021 delivery results. The company delivered 6,711...

Tuesday, June 1, 2021, 09:55:00 AM