Ford May Partner Up With A Chinese EV Company. It's Part Of A Growing Trend.
Briefly

Ford May Partner Up With A Chinese EV Company. It's Part Of A Growing Trend.
"Ford and Geely have been discussing a potential partnership for "months," Reuters reported on Wednesday. Talks are said to include potential vehicle technology sharing and Geely utilizing Ford's manufacturing space. This could help Geely avoid huge tariff billsat least in Europewhile building its global presence. Ford's leadership team is enamored with Chinese EVs; its CEO didn't want to stop driving the Xiaomi SU7 imported into the U.S."
"Talks are said to center around two main topics. The first of which is a framework for shared vehicle technologies, including automated driving. That could help Ford build out its upcoming $30,000 EV pickup and affordable EV platform, or could mean Ford sharing its own legacy expertise with Geely. It's not exactly clear at this point. Sources say that the companies have also discussed Geely utilizing Ford's factory space in Europe to help expand its global manufacturing footprint."
Ford and Geely have held months-long discussions about a potential partnership covering vehicle technology sharing and factory usage. The talks include a framework for shared vehicle technologies, including automated driving, which could support Ford's upcoming $30,000 EV pickup and an affordable EV platform or enable Ford to share legacy expertise with Geely. The companies have also discussed Geely using Ford's under-used Valencia, Spain plant to expand its global manufacturing footprint and reduce tariff exposure in Europe. Geely's conglomerate includes brands such as Volvo, Zeekr, Polestar, Lynk & Co, Lotus and Geely.
Read at insideevs.com
Unable to calculate read time
[
|
]