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Ford’s all new focus: getting fit and healthy as China 2025 Plan takes off

CHONGQING – Peter Fleet, Ford’s group vice president and president of Asia Pacific, admitted that sales of the U.S. automaker in China will continue to be down for the remainder of this year as it focuses on efforts to streamline its sales network and begins a new round of product

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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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Go deeper: Ford’s new localization efforts in China much more than products

From L3: Jason Luo, Chairman and CEO, Ford China, Bill Ford, Ying Jianren, Chairman of the board, Tech-New Group, Jim Hackett, Peter Fleet, Jin Zheyong, Chiarman of the board, Zotye Auto If China’s auto industry is a poker game, then Ford is going all in. It was a busy week in early

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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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Driverless cars could arrive in China sooner than we think

Last few months witnessed big developments in autonomous driving vehicles, particularly in China. In September, Zoyte Holding Group, a small Chinese carmaker, announced it will start production of its first self-driving vehicle in 2018. Baidu, the market pioneer of autonomous driving, plans to commercialize driverless technology by 2018 and to

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Blame or mocking ca’t solve the problem of “rubbish” EVs

A recent article titled “Why I believe all EVs are rubbish” went viral online and in WeChat’s friend circle. The author, once a fan of EV toys during his childhood times, admits he now hates EVs to death. He says his expectations are lowered drastically when choosing an EV because

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Lei Xing: NEV supply and demand unbalanced

Even though China’s new energy vehicle market has soared over the last few years, supply and demand remains unbalanced, according to Lei Xing, chief editor of CBU/CAR. “Because of the subsidy phase-out scheme already announced by the government, sales are likely to skyrocket in the last one or two months

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