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Ford Smart Mobility and Zotye to form new JV to provide ride-hailing solutions

SHANGHAI – Ford Smart Mobility LLC and Zotye Auto signed a memorandum of understanding (MOU) on May 2 to establish a new 50:50 joint venture with a registered capital of $20 million to provide smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market. In

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Ford and Zotye sign final agreement for £¤5 billion JV to build EVs under new Chinese brand

BEIJING – Ford Motor Co. and Zotye Automobile Co., Ltd. signed a definitive agreement on November 8 here to establish Zotye Ford Automobile Co., Ltd., a new 50:50 joint venture that aims to offer a range of stylish and affordable all-electric vehicles in China under a new Chinese brand. The

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Ford signs MOU with Zotye to establish electric vehicle JV

SHANGHAI – Ford Motor Co. said in a statement on August 22 that it has signed a Memorandum of Understanding with Anhui Zotye Automobile Co., Ltd., a major manufacturer of zero-emissions all-electric vehicles in China, to establish a 50:50 joint venture to produce all-electric vehicles. The JV plans to develop,

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