Ford Energy Could Bring $500M–$600M from Battery Sales, Morgan Stanley Says
Ford Energy plans to produce 20 GWh of battery storage and could generate $500–$600 million from supply deals with large commercial customers and hyperscalers, according to Morgan Stanley; Ford is tightening supplier management with total value management, triggering a roughly 16% intraday stock rise, while analysts maintain a Hold rating with modest downside risk around a $13.69 price target.