CATL responds that the progress of the joint factory construction plan with Ford in the United States is smooth.
Ford China has started layoffs and will compensate employees. The number of people affected exceeds 1,300.
In response to layoff rumors, on May 10, Ford China stated to the Chinese media that "China is a crucial market for Ford. We remain committed to promoting sustainable development in our business operations in China.
Yang Dayong, the Executive Vice President of Changan Ford, a joint venture between China's Changan Automobile and US-based Ford Motor, has stated that the price war in China's automobile industry is just beginning.
The China arm of American multinational automobile manufacturer Ford announced on September 26 that it would work to accelerate electric transformation in the country by operating its EV business through FMeT, an independent company.
On July 21, CATL, a Chinese power battery giant, and Ford, a leading US automobile company, announced an agreement in which the two companies will establish a global strategic cooperative relationship.
At their recent investor conference, Lisa Drake, Chief Operating Officer of Ford Motor, said that Ford will maintain its cooperation with five battery suppliers.
Zhu Jiang, a former senior executive of car companies such as BMW, Lexus, NIO and Ford, has confirmed his appointment as vice president of Jidu Automobile.
Beijing Easpring Material Technology Co., Ltd., a lithium-ion battery cathode material enterprise, announced on Monday that it has signed a strategic cooperation agreement with South Korean lithium battery giant SK
During a popular annual television program broadcast by state-run China Central Television on March 15 – which is also World Consumer Rights Day – several domestic and foreign brands were singled out for violations of consumer rights.
Today Ford Motor Company and Baidu, Inc. announced the commencement of a two-year joint autonomous vehicle test project, under which the two companies will further advance the development and on-road testing of autonomous vehicles in China.
Ford Motor Company, American multinational automaker based in Michigan, announced On Oct. 23 that it has established an independent China Business Unit that reports directly to the headquarters.