Ford, Xiaomi Deny JV Talks Even As Jim Farley Expressed Admiration For Chinese EVs While Flagging Them As Competitive Threat

Group 1 - Ford Motor Co. and Xiaomi have both denied reports of a potential collaboration to produce electric vehicles in the U.S. [1][2] - Preliminary discussions were reported by the Financial Times, but both companies refuted these claims, with Ford stating the story is "completely false" [2] - The potential collaboration has raised concerns in Washington, with criticism from John Moolenaar, chair of the House China committee, regarding increased U.S. dependency on China [3] Group 2 - Ford CEO Jim Farley has expressed admiration for Chinese electric vehicles and has imported Xiaomi's SU7 model for personal use, highlighting the competitive threat posed by Chinese manufacturers [4] - The Pentagon has flagged Ford's licensing deal with China's CATL over alleged military ties, which CATL denies, raising further concerns from the House China committee [4] - Ford is actively seeking strategic partnerships to strengthen its position in the electric vehicle market, including discussions with General Motors and a potential partnership with BYD for battery supply [6][7]