Ford Restructures Battery Partnerships Amid Green Energy Push
Ford (F) continues to prioritize sustainability with new battery agreements, although it appears to be adjusting its approach. Recently, the automaker finalized arrangements with LG Energy Solution to provide batteries for its operations in Europe. Investors reacted positively on Tuesday afternoon, giving Ford a slight uptick in trading.
Although specific terms remain undisclosed, it’s clear there are two active contracts between Ford and LG. One of these contracts will supply LG batteries for the Blue Oval vans—a lineup of commercial vans in Europe. LG is set to deliver 109 GWh of batteries starting in 2026, according to a report from Ford Authority.
This contract is expected to extend over a four to six-year period. In addition, an existing agreement between Ford and LG allows Ford to include battery packs in the Mustang Mach-E, enabling those vehicles to qualify for federal clean energy tax credits. Notably, this new deal signifies a shift in Mach-E battery production, moving from Poland back to Michigan.
Introducing the Ford Bronco Stroppe Edition
Ford also launched the Ford Bronco Stroppe Edition, a model reminiscent of its historic Baja editions. As reported by Motor1, this new edition channels elements of the classic Ford Bronco while maintaining a modern feel. Although there are few technical upgrades, the Stroppe edition features a nostalgic color scheme linked to its past.
Named after Bill Stroppe, the designer who crafted Bronco models in the 1960s and 1970s, the Stroppe edition offers mainly cosmetic changes. However, it comes standard with the Sasquatch package, which includes a two-door V6 engine, HOSS suspension, and 17-inch wheels, positioning it as a capable off-road vehicle.
Ford Stock Analysis: Is It Worth the Investment?
On Wall Street, analysts maintain a Moderate Buy consensus rating for Ford stock (F), supported by five Buys, nine Holds, and one Sell rating over the last three months. After experiencing a 2% decline in share price over the past year, the average price target of $12.82 suggests a potential upside of 17.45%.
See more F analyst ratings
Disclosure
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
