Headlines

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

Newsquawk Staff ·

  • 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.

What it means

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. 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.

Sources

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