China’s CATL to supply LFP battery packs for Ford’s North American electric pickup trucks, SUVs
China’s CATL to supply LFP battery packs for Ford’s North American electric pickup trucks, SUVs

China’s CATL to supply LFP battery packs for Ford’s North American electric pickup trucks, SUVs

 

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Chinese power battery giant CATL will supply lithium iron phosphate (LFP) battery packs for the Ford Mustang Mach-E sold in North America starting next year and for the F-150 Lightning sold in North America starting in early 2024, according to a press release from Ford Motor on Thursday.

The flexibility of Ford’s EV architecture ensures the efficient integration of CATL’s CTP (cell to pack) LFP battery technology with Ford products, allowing for rapid capacity increases, the US automaker said.

Ford and CATL also signed another non-binding memorandum of understanding for the latter to supply power batteries for future Ford EV models in China, Europe and North America, according to the release.

This is part of Ford’s power battery capacity expansion program, which aims to reach 60 GWh of annual capacity through the addition of an LFP battery solution and lock-in of related raw material supplies, ensuring an annual capacity target of 600,000 EVs by 2023.

CATL said in a statement “the two companies plan to leverage their respective strengths to jointly explore new business opportunities worldwide,” involving lithium-iron and other battery technologies.