Signing an MoU with Anhui Zotye Automobile, a major manufacturer of zero-emission all-electric vehicles in China, Ford (NYSE:F) will explore establishing a joint venture to build electric passenger cars in China. The vehicles produced will be sold under a brand owned by the new joint venture in which both companies would hold a 50-50 stake. F +1.1% premarket.
Seeking Alpha
......they're going to need to be able to charge EVs somehow.
Interesting Times.
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