Jan. 15 at 6:51 PM
Ford Motor is in talks with Chinese auto giant BYD about a potential partnership under which Ford would source batteries for some of its hybrid vehicles, according to The Wall Street Journal. The companies are still discussing how such an arrangement would work, including the possibility of Ford importing BYD-made batteries to manufacturing facilities outside the U.S. The talks are ongoing and may not result in a deal. If completed, the partnership would link Ford with China’s largest automaker, a company that has raised concerns across the U.S. auto industry due to its ability to produce low-cost, technologically advanced vehicles.
$F $BYDDF $BYDDY