Tuesday, August 22, 2017

Ford, China's Zotye Auto plan joint venture to build EVs

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SHANGHAI — Ford has plans for a joint venture with Chinese firm Anhui Zotye Automobile to build electric vehicles in China under a new brand, tapping into a boom for EVs in the world's top auto market. China, struggling with alarming pollution levels in major cities, is aggressively pushing plug-in vehicles and has poured in tens of billions in investment, research funding and subsidies, drawing many new automakers to launch projects. Tesla, Daimler AG and General Motors are among firms

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Ford, China's Zotye Auto plan joint venture to build EVs originally appeared on Autoblog on Tue, 22 Aug 2017 08:35:00 EDT. Please see our terms for use of feeds.

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