Ford

The two leaders have much else to discuss, from tariff rates to America’s attack on Iran and the energy crisis it’s caused

But partnering local companies carries big risks

Trump administration officials appear reluctant to remove current barriers to Chinese cars

These would be structured so that both the Chinese and US partners would share profits and technology, say sources

The US automaker has weathered a difficult EV transition, announcing US$19.5 billion in charges to overhaul its strategy

The automaker posted revenue of US$45.9 billion in the fourth quarter, beating analysts’ expectations

Discussions have been going on for months

Hybrid sales have grown worldwide as the market for pure EVs has slowed

[SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won (S$8.4 billion).