Ford to invest $5bn in electric trucks and LFP batteries

Ford electric trucks

Ford to invest $5bn in electric trucks and LFP batteries, advancing US EV manufacturing. The plan funds Louisville Assembly and BlueOval Battery Park Michigan. Ford to invest $5bn in electric trucks and LFP batteries to launch a midsize pickup and domestic LFP cells.

Louisville expansion and 2027 electric pickup

Ford will build a four-door midsize electric pickup from 2027. The model will target US and export markets. Kentucky’s incentive offer supports the Louisville program. Ford will expand the plant by 52,000ft² with nearly $2bn. This capacity backs body, final assembly, and launch readiness. As a result, Ford secures near-term EV production certainty.

US-made prismatic LFP batteries and supply chain

Ford will produce prismatic LFP batteries in Michigan. The company says it will be the first US automaker to do so. LFP packs cut cost and improve durability. They also save space and weight versus NMC chemistries. Integration into the floor lowers the center of gravity. Therefore, vehicles gain handling, efficiency, and cabin quietness. Jiangsu Lopal will supply LFP cathode materials under a five-year deal.

Why this matters for EV economics

Ford to invest $5bn in electric trucks and LFP batteries positions the firm for price discipline. LFP lowers bill of materials and warranty risk. Meanwhile, prismatic form factors streamline pack engineering. BlueOval investment, totaling $3bn previously, accelerates US cell scaling. The combined footprint strengthens domestic content compliance.

The Metalnomist Commentary

Ford’s push marries LFP cost advantages with a high-volume truck segment. If prismatic yields scale smoothly, Ford can defend pricing and margins. Watch cathode localization and lithium sourcing as the next competitiveness lever.