Group 1 - Ford Motor Co. is in discussions with Geely Automobile Holdings for a potential partnership involving the use of Ford's factory space in Europe for vehicle manufacturing [1] - The partnership talks include sharing vehicle technologies, particularly in automated driving, and are more advanced in European manufacturing [1][2] - A delegation from Ford was sent to China to further these discussions, following prior talks in Michigan between senior executives from both companies [2] Group 2 - Ford's 2023 partnership with Chinese battery-maker CATL to produce low-cost LFP EV batteries has faced criticism from U.S. lawmakers due to tariffs and security restrictions affecting Chinese automakers in the U.S. market [3] - The company is also exploring a potential battery partnership with BYD as part of its hybrid strategy, indicating active engagement in the electric vehicle sector [4] - Over the past year, Ford's stock has increased by 38.83%, closing at $13.73 recently [5]
Ford Reportedly In Talks With China's Geely To Explore European Manufacturing Partnership - Ford Motor (NYSE:F)