Latest / Durham News Today | 2 Min News | The Daily News Now!
Ford and BorgWarner Power Up Beyond Cars | Durham News
Ford’s electric vehicle momentum may be slowing, but its energy storage arm, Ford Energy, is emerging as a major growth play—targeting utilities and data centers with gigawatt-hour shipments by 2027, potentially generating $400M–$500M in EBIT. Bank of America highlights Ford’s manufacturing edge and federal tax credits as key advantages. Meanwhile, BorgWarner is pivoting into AI-powered data centers via TurboCell, offering rapid turbine systems to meet surging power demands—projected to hit $400M in EBIT at full scale. As data center energy use doubles by 2030, auto giants like GM and Aptiv…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.