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 supply EV components including batteries and power management devices.
The Dearborn, Michigan-based automaker said last year it planned to launch more than 30 new or significantly redesigned models in China by the end of 2021, of which over a third will be electric vehicles.Reporting by Yilei Sun and Brenda Goh, editing by Louise Heavens
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
'The brand is special': Warren Buffett called on American Express' CEO to protect its reputation during the coronavirus pandemic | Markets InsiderWarren Buffett called on American Express CEO Stephen Squeri to safeguard the company's brand and customer relationships during the coronavirus ...
Weiterlesen »
Report: Jeff Bezos is buying a stake in UK digital supply chain startup BeaconBased in London and founded in 2018, Beacon's investors already include executives from Uber, Google and Amazon, the firm says.
Weiterlesen »
South Africa postpones reopening of schools over safety concernsSouth Africa has pushed back Monday's reopening of schools by a week, the Department of Basic Education said on Sunday, saying that a substantial number are not ready to welcome back pupils.
Weiterlesen »
Everbridge BrandVoice: How To Assess Your Business’s Readiness To Reopen Amidst COVID-19The spread of COVID-19 represents a perfect storm for business disruption, combining a rapidly evolving global threat, an uneven recovery, disparate government regulations and shaken supply chains.
Weiterlesen »