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Ford Energy Launch Fuels Two-Day Stock Surge

Ford Motor shares climbed more than 6% Thursday, extending Wednesday's 13% gain, as Wall Street embraced the automaker's entrance into the energy storage sector. The company unveiled Ford Energy this week, a newly created subsidiary designed to supply battery storage systems to utilities, data centers and large industrial customers across the United States. Morgan Stanley characterized the energy storage division as an underappreciated profit driver for Ford's electric vehicle operations. The timing coincides with renewed U.S.-China trade cooperation following high-level diplomatic talks. Ford's energy ambitions rest on battery technology sourced from Chinese manufacturer Contemporary Amperex Technology Co., a partnership established three years ago for a $5 billion Michigan plant. Analysts see a fairly high likelihood that Ford will secure major commercial and hyperscaler contracts in coming months.