Ford To Build EVs In China With Zotye - Hallo friend Simple Car, In the article you read this time with the title Ford To Build EVs In China With Zotye, we have prepared well for this article you read and download the information therein. hopefully fill posts Items HALF OF USE, Items LATEST NEWS, Items MODIFICATION, Items NEW CARS, Items SPERPART, Items UNIQUE,we write this you can understand. Well, happy reading .

Title : Ford To Build EVs In China With Zotye
link : Ford To Build EVs In China With Zotye

Ford To Build EVs In China With Zotye

Ford has signed a joint venture agreement with Chinese carmaker Zotye to form Zotye Ford Automobile, a company which will build electric vehicles specifically for China.

In a statement, Ford revealed that pending regulatory approval, the new joint venture will be responsible for designing, building, marketing and distributing EVs through China while leveraging a combined investment of approximately $756 million.

No timeline has been made public about when production of these EVs will commence but the joint venture will form an important part of Ford’s commitment to have at least 70 per cent of its vehicles sold in China offered with electrified powertrain options by 2025.

As part of the joint venture, Zotye Ford will build a dedicated product research and development center, a manufacturing plant in Zhejiang Province, and establish its own sales and services network.

“We are delighted to have signed this joint venture agreement with Zotye to form our third joint venture automotive company in China,” said Ford group vice president and president for Ford Asia Pacific, Peter Fleet said.

“Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles. We will be exploring innovative vehicle connectivity and mobility service solutions for a new generation of young city-dwelling Chinese customers."

For those not familiar with Zotye, the company is perhaps best known in the west for its SR8, a clone of the Porsche Macan.

PHOTO GALLERY

thus Article Ford To Build EVs In China With Zotye

That is all articles Ford To Build EVs In China With Zotye This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Ford To Build EVs In China With Zotye with the link address https://simplecarday.blogspot.com/2017/11/ford-to-build-evs-in-china-with-zotye.html

Tweet

Subscribe to receive free email updates: