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Ford stock surges 25% on Ford Energy battery unit launch
Ford launches Ford Energy, a new subsidiary supplying battery storage capacity to AI data centres, sending shares up as much as 25% in two days.
Christian Davies / Financial Times: Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers — New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown — Shares in Detroit auto giant Ford surged …
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