Ford plans to use batteries supplied by China’s Warren Buffett-backed BYD

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Chinese electric vehicle (EV) maker BYD Co Ltd , will supply EV batteries to U.S. automaker Ford Motor Co , a document on the website of the Ministry of Industry and Information Technology showed on Monday. Ford’s China venture with Changan Automobile is seeking government approval to build a plug-in hybrid model equipped with BYD’s batteries, according to the document. Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, said it would supp

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Ford plans to use batteries supplied by China’s Warren Buffett-backed BYD originally appeared on Autoblog on Mon, 1 Jun 2020 09:35:00 EDT. Please see our terms for use of feeds.

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Volkswagen board formally okays Ford alliance projects

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Volkswagen said on Thursday its supervisory board had approved several projects in a multibillion-dollar alliance with Ford Motor that was first announced last July. Among the shared projects specified by VW are a midsize pickup to be developed by Ford; a city delivery van to be developed by VW; a larger commercial van to be developed by Ford, and a new electric vehicle for Ford of Europe, to be built on VW’s electric vehicle architecture. Regarding official approval of the a

Continue reading Volkswagen board formally okays Ford alliance projects

Volkswagen board formally okays Ford alliance projects originally appeared on Autoblog on Thu, 28 May 2020 14:15:00 EDT. Please see our terms for use of feeds.

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