
Image: CarExpert


Image: CarExpert
AutoExec Summary
Ford and General Motors are considering partnering with other companies to combat competition from cheap Chinese electric vehicles. Both CEOs expressed interest in cost-cutting partnerships, particularly in battery technology. BYD’s expansion into global markets, including the US, is causing concern for the American automakers. Ford and GM are under pressure to reduce EV development costs and deliver more cash to investors. Both companies have previously partnered with other entities on EVs.
Brands mentioned: Ford, General Motors (GM), BYD, Tesla, Chevrolet, Volkswagen, Honda,
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