Ford is set to rapidly ramp up electric vehicle production over the next few years.
By the end of 2023, Ford expects to produce 270,000 Mustang Mach-Es annually for North America, Europe and China; 150,000 F-150 Lightning pickups for North America; 150,000 e-transit for North America and Europe; and 30,000 units of "an all-new SUV for Europe with significant mileage increases in 2024."
To achieve this goal, Ford is going to provide a lot of additional battery capacity. The automaker has confirmed plans to “localize” 40 GWh of its annual production of lithium iron phosphate (LFP) battery cells. LFP cells have some advantages, they allow normal charging up to 100% without degrading the battery quality. This is different from the more mainstream NCA battery pack, for which Tesla casually emphasizes charging to 80-90% most of the time and saves 100% for road trips only.
The disadvantage of LFP is that cold weather charging for cells can be significantly slower, requiring some other thermal strategies. LFP cells also have lower energy density. For example, by weight, CATL has indicated that its latest cell-to-pack battery system delivers an energy density of 255 Wh/kg for lithium-ion cells, compared to 160 Wh/kg for LFP cells.
LFP packages will be offered from 2023 on select Mach-E versions and early 2024 on Ford F-150 Lightning versions.