As part of Ford’s commitment to making electric vehicles more accessible and affordable, the American automaker will introduce electric vehicles this year. LFP batteries (lithium-iron-phosphate) in Europe, starting with the assortment Ford Mustang Mach-E.

To that end, the blue oval company also announced that it will invest $3.5 billion (approximately €3.32 billion) to build its first LFP battery plant, called BlueOval Battery Park Michigan : This facility will open in the United States in 2026.

New LFP batteries for Ford Mustang Mach-E

As part of Ford’s increased production of electric vehicles, the addition of LFP batteries to the range of all-electric models will allow Ford to produce more electric vehicles, while offering more options for new customers. As part of its Ford+ plan, the American automaker aims to reach an annual production of 600,000 electric cars worldwide by the end of the year, rising to 2 million a year by the end of 2026.

“We’re committed to leading the electric vehicle revolution, and that means investing in the technology and jobs that will allow us to stay at the forefront of this global transformation of our industry.”– said Bill Ford, executive chairman of Ford.

Ford has pledged to invest more than $50 billion in electric vehicles worldwide (approximately €47.4 billion) by 2026, and has pledged to achieve carbon neutrality for all of its operations and supply chain by 2050. By 2035, all Ford cars sold in Europe will be 100% electric.

Ford Mustang Mach-E: more affordable batteries

LFP battery technology will offered additionally current technology NCM batteries (Nickel-Cobalt-Manganese): This will allow Mustang Mach-E customers to choose the battery model that best suits their needs.

LFP batteries are very reliable and endure more frequent and faster charging, while using less rare and expensive materials. They are part of Ford’s goals to fulfill its commitments to sustainable development and human rights. This technology will also have the advantage of lowering the price of electric vehicles.

These LFP batteries will be fitted to many Ford passenger and commercial vehicle models. Let’s find them this year on Mustang Mach-Ewhile they will be offered on F-150 Lightning from 2024.