Ford and Xiaomi reportedly explored a US EV JV, but both deny the reports
TL;DR Summary
Ford and Xiaomi reportedly discussed forming a U.S.-based EV joint venture, per the Financial Times, but both Ford and Xiaomi denied the report. The piece notes U.S. concerns about Chinese automakers and battery suppliers entering the United States (including BYD), mentions Ford's scrutiny over partnerships (and a proposed CATL battery-related data center), and points to Ford’s ongoing EV restructuring and recent $19.5 billion writedown.
- Ford held talks with China's Xiaomi over EV partnership, FT reports Reuters
- Ford held talks with China’s Xiaomi over EV partnership Financial Times
- Xiaomi denies reported discussions over partnership with US automaker Ford, saying it does not sell products, services in the US Global Times
- Ford, Xiaomi has explored joint venture to produce EVs in US, report says CnEVPost
- Ford, Xiaomi Held Discussions on EV Partnership, FT Says Bloomberg.com
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