Hua Er Jie Jian Wen·2026-01-16 01:08Group 1 - Ford is in deep discussions with BYD to establish a partnership for battery procurement for its hybrid models, with negotiations ongoing regarding the specific cooperation model [1] - If the agreement is reached, Ford will collaborate with BYD, a leading Chinese automotive company known for its advanced technology and cost advantages, as Ford shifts focus from electric vehicles to hybrids [1][3] - Ford announced a strategic shift to prioritize hybrid vehicles, aiming for hybrids, plug-in hybrids, and electric vehicles to account for about half of its global sales by 2030 [1] Group 2 - BYD has been expanding its battery production capacity, primarily in China, while also increasing its presence in Southeast Asia, Europe, and Brazil [2] - BYD's battery shipments grew by 47% last year, reaching 286 GWh, indicating strong demand and production capabilities [2] - Ford is facing challenges with slowing electric vehicle demand and plans to expand its fuel vehicle lineup and hybrid options, which will require more batteries suitable for hybrid vehicles [3] Group 3 - Ford and BYD have a history of collaboration, having previously worked together in China since 2020, where BYD supplied batteries for Ford's joint venture with Changan [4] - Ford is constructing a battery plant in Michigan, planning to use technology from Chinese battery manufacturer CATL to produce low-cost batteries for its upcoming electric pickup truck [4]