CNBC’s Jim Cramer said: ford’s The new battery storage business offers automakers a surefire way to benefit from one of the hottest trends in the market: the rapid build-out of artificial intelligence infrastructure.
“I love what Ford is doing with this battery business,” the “Mad Money” host said Wednesday.
Last month, Ford officially launched Ford Energy, a subsidiary focused on supplying large-scale battery storage systems for data centers and power grids. Investors initially welcomed the move, sending Ford shares above $17, a multi-year high from less than $14 before the announcement. The stock has since fallen to around $14 as of Wednesday’s close.
“I didn’t want to recommend this stock when it was surging last month on the news, but now that it’s down to $13.96, it’s a different story,” Cramer said. “If you believe oil and interest rates are going down, you should buy Ford Motor Company.”
Kramer said the opportunity arises as demand for battery storage accelerates as new AI data centers are built. At the same time, he pointed out that renewable energy projects also rely on energy storage systems to provide power in the event of a shortage of solar or wind power.
“We know that the demand for these large backup batteries is growing like wildfire because we can’t afford to take every new data center offline,” he said.
Ford plans to produce at least 20 gigawatts of battery capacity per year, with first customer deliveries expected in late 2027.
Kramer believes Ford Energy could eventually become a meaningful business, but cautioned that investors should view it as a long-term opportunity rather than an immediate revenue driver. For now, the company’s revenue and profits still come from truck and car sales.
“But long-term, I think Ford becomes a more attractive investment,” Cramer said.
