Ford lines up battery suppliers and iron phosphate tech to boost EV production - The Verge

Ford laid out its plan to source enough raw materials and battery cell production to support its goals of making up to 2 million electric vehicles annually by late 2026.

Just a few months after announcing a “radical” split structure placing its electric vehicle future in a new segment called Model E, Ford is discussing more details about sourcing battery production capacity and the basic raw materials to power all of those EVs that are definitely not vaporware cars. By late 2023, Ford plans to have enough battery supply so that it can support the production of 270,000 Mustang Mach-Es, 150,000 Transit EVs, 150,000 F-150 Lightnings, and 30,000 units of a mystery all-new midsize SUV destined for release in Europe.

What it did not mention, however, is a report from Bloomberg on Wednesday indicating that the company is planning to lay off as many as 8,000 people from the Ford Blue segment that is now responsible for its legacy internal combustion engine-powered businesses.

Ford 2023 EV production plans.

    Image: Ford
  

One part of the plan revealed today includes updates for the batteries used in the Mustang Mach-E and F-150 Lightning EVs. It’s adding lithium iron phosphate batteries (LFP) made by Contemporary Amperex Technology (CATL) for the Mach-E in 2023 and the F-150 Lightning in 2024.

Ford says these will be available alongside batteries with the existing nickel cobalt manganese (NCM) chemistry, which is a similar approach to that of Tesla. In Tesla’s Q1 earnings report earlier this year, the company said “nearly half of Tesla vehicles produced in Q1 were equipped with a lithium iron phosphate (LFP) battery, containing no nickel or cobalt,” including most standard range vehicles. Ford will take the same approach by using them for standard range battery packs, playing to the strengths of the LFP batteries, which tend to be cheaper but aren’t as energy dense.

Ford says it has 100 percent of the battery cell production capacity needed to build 600,000 electric cars and trucks annually by “late 2023,” between the new packs as well as doubled capacity at LG Energy Solution’s Wroclaw, Poland, production facility and additional cell production capacity from SK On.

https://www.theverge.com/2022/7/21/23272516/ford-electric-vehicle-batteries-lfp-lightning-mach-e


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