Ford’s China venture with Changan Automobile is seeking government approval to build a plug-in hybrid model equipped with BYD’s batteries, according to the document.Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, said it would supply EV components including batteries and power management devices.
The Dearborn, Michigan-based automaker said last year it planned to launch more than 30 new or significantly redesigned models in China by the end of 2021, of which over a third will be electric vehicles.Reporting by Yilei Sun and Brenda Goh, editing by Louise Heavens
The economy driven automotive supply chain model is the least politically oriented global system.
interesting autoburning Fords are comming
Isn’t BYD Chinese company 🤣🤣🤣 America can’t thrive without China 🇨🇳💪💪💪
Why is 🇺🇸Ford still trying to use 🇨🇳CCP-backed BYD technology The United States has its own good system and extremely talented engineers and your nation can develop far greater technology. BYD is in alliance with Huawei.
Buffet backing batteries
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