Ford and Zotye Auto**have agreed to**establish a joint venture focused on making affordable electric vehicles for China. The automakers are investing a combined 5 billion RMB, or approximately $756 million, in the new business. The move will give Ford a better foothold in the world’s largest market for EVs. The country is moving toward electrification […]
The post Ford, Zotye to Bring Affordable EVs to China in $756 Million Deal appeared first on Motor Trend.


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