Ford Motor Co. said it will use lower performance batteries for select models in order to meet its electric\u002Dvehicle targets. Read more.
In the coming years, Ford said it will offer two versions of the Mustang Mach-E and the F-150 Lightning — a standard version and a vehicle with extended range.
“Right now there are constraints in the supply chain … particularly around certain minerals,” said Ford spokesman Marty Gunsberg. “Bringing on the second chemistry helps us break those constraints and that helps us bring more vehicles to market sooner.” Bringing in a second chemistry could be the difference between having access to an EV or not having access to an EVGunsberg said the decision to offer lithium-iron-phosphate batteries in some vehicles will allow Ford to meet its more immediate target of producing 600,000 electric vehicles by late 2023. Gunsberg declined to offer details on Ford’s expected production or expected consumer demand for either battery chemistry.
Ford said it has plans to localize 40 Gigawatt hours per year of lithium-iron-phosphate capacity in North America.
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