Ford eyes battery deal with China's BYD, but it won't be for just EVs
Key Points:
- Ford is reportedly in talks with Chinese automaker BYD to purchase batteries for some of its hybrid vehicles, potentially for use in markets outside the US such as Germany, Spain, Thailand, or Turkey.
- The deal, still under discussion, would involve importing BYD batteries to Ford’s overseas manufacturing facilities, though there is a possibility the agreement may not materialize.
- This potential partnership aligns with Ford’s shift away from large electric vehicles like the discontinued all-electric F-150 Lightning, focusing instead on smaller, affordable EVs, hybrids, and extended-range electric vehicles (EREVs).
- Ford is also developing its own battery production capacity through the BlueOval Battery Park in Michigan, using licensed technology from China’s CATL, with