Ford Motor (F) and BYD (BYDDY) are in discussions on a partnership in which Ford would buy batteries from BYD for some of Ford’s hybrid-vehicle models, WSJ reports citing sources; The two Cos. are still discussing how the arrangement would work
Ford's potential partnership with BYD to source batteries for hybrid vehicles suggests a strategic move to enhance its supply chain amidst an evolving EV landscape.
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Ford Motor (F) and BYD (BYDDY) are in discussions on a partnership in which Ford would buy batteries from BYD for some of Ford’s hybrid-vehicle models, WSJ reports citing sources; The two Cos. are still discussing how the arrangement would work
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- One idea is that Ford would import batteries from BYD to Ford’s factories outside the US.
- Talks remain ongoing and it is possible a deal won’t materialise.
However, the ongoing discussions highlight uncertainty in finalizing the terms, which could impact Ford's production capabilities and competitive positioning in the market if a deal is reached or not.
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