# CEO Jim Farley last week laid out a plan to launch seven new vehicles for European customers between now and 2029.

*robotics, business · news · 2026-05-26 · Benzinga*

## Key points

- Ford plans to launch seven new vehicles in Europe by 2029, including five EV passenger models.
- Ford has created a multi-billion dollar energy storage subsidiary that could reach a $10 billion valuation.
- Ford stock is trading 17%-22% above all major moving averages, signaling short-term strength but overextension.
- RSI recently signaled Ford stock as overbought, coinciding with prices surpassing the prior 52-week high.
- Morgan Stanley praises Ford's energy storage business for grid-scale solutions with significant market potential.

**Companies:** Ford Motor
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/05/52781335/ford-shares-gain-on-european-expansion-energy-unit-launch)

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