US Stock Movement | Ford Motor shares surge over 6% pre-market as subsidiary signs battery storage cooperation agreement with EDF (Électricité de France)
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```htmlGolden Ten Data, May 18｜Ford Motor shares surged more than 6% in pre-market trading, quoted at $14.24. According to reports, Ford Energy, a subsidiary of Ford Motor Company, and EDF North America Power Solutions announced on Monday that they have reached a five-year framework agreement. Under the agreement, EDF can procure up to 4 GWh of DC block battery energy storage systems per year, with a maximum total potential procurement volume of up to 20 GWh. The two companies stated that deliveries are expected to begin in 2028. Financial terms of the agreement were not disclosed.```
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