Automotive Partnerships
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Ford held talks with China's EV maker Xiaomi over partnership: report
New York Post· 2026-02-01 19:21
Group 1 - Ford is reportedly in talks with Xiaomi to form a joint venture for EV manufacturing in the US, but both companies have denied this claim [1][4] - Concerns have been raised by US automakers and lawmakers regarding the entry of Chinese government-backed automakers and battery manufacturers into the US market, which they believe poses risks to the industry [2] - Michigan Representative John Moolenaar highlighted vulnerabilities in the auto supply chain and expressed concerns over Ford's potential partnership with BYD and plans for a $3 billion battery data center using technology from CATL [3] Group 2 - US automakers, including Ford, have scaled back their electric vehicle initiatives due to challenges in competing with Chinese rivals, leading to a shift towards cheaper models and hybrids [5]