Ford, GM CEOs open to partnerships to compete with China
Ford MotorFord Motor(US:F) Fox Business·2024-02-15 23:30

The CEOs of leading U.S. automakers Ford and GM signaled Thursday they’re open to considering partnerships to lower the cost of electric vehicle technology to compete with low-cost Chinese EVs looking to the U.S. and European markets. "If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in," GM CEO Mary Barra told investors at a conference sponsored by Wolfe Research.Ford CEO Jim Farley also op ...