Electric power represents the future of the automotive industry and in the Ford lineup – that includes the 2023 Ford F-150 Lightning, the 2023 Ford Mustang Mach-e and more. The addition of electric vehicles (EVs) to the Ford lineup translates to a higher demand for lithium-ion batteries. In response to this increased demand, Ford has increased production of EV batteries in the United States with a brand-new battery production park in Hardin County in Kentucky that is expected to create more than 5,000 jobs in conjunction with BlueOval SK.
How Many Electric Vehicles Does Ford Produce?
The increased popularity of electric vehicles like the Ford F-150 Lightning and the Ford Mustang Mach-e means there is an increased demand. With the annual growth rate for Ford EVs expected to pass 90% by 2026, the automaker has worked to increase its production capabilities and hopes to produce 600,000 electric vehicles globally by the second half of 2023. Ford hopes to increase that production to more than 2 million annually by the year 2026.
>How Long Do Ford EV Batteries Last?
Longevity is a concern for many car buyers who are interested in all-electric vehicles like the Ford F-150 Lightning. Ford EVs employ lithium-ion batteries that provide an impressive lifespan and the higher the kWh rating for your vehicle’s battery, the longer it can be expected to last. Lithium-ion batteries can be expected to last 15 – 20 years. Drivers can expect electric vehicles to provide from 100,000 to 200,000 miles of drive time on a single battery.
How Much Does it Cost to Replace a Ford EV Battery?
In the event that your Ford Mustang Mach-e is built with a faulty battery, you may want to know how much it will cost to replace. Lithium-ion batteries used by Ford EVs are expensive and make up a significant percentage of the vehicle price – which makes them expensive to replace. Ford EV batteries can range in price from $10,000 to $25,000. To protect you from this expense, Ford EVs come standard with an 8-year/100,000-mile Electric Vehicle Battery Warranty and the battery must retain a minimum of 70% of its original capacity in that period of time.
Ford has increased its production of EV batteries in the United States with a brand-new battery park in Kentucky. With this increase in production, Ford owners can expect to see more electric Ford cars, trucks and SUVs in the future. Learn more about the future of Ford EV production with this overview created by Benna Ford. Contact Benna Ford today to get pre-approved for credit towards your next Ford car, truck or SUV in Superior, WI!
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