Ford's China Partner Makes Bold EV Move In World's Top Auto Market

Ford’s China Partner Makes Bold EV Move In World’s Top Auto Market

A Ford Motor ( F ) partner in China plans to go all-electric by 2025, in one of the boldest moves yet from a Chinese carmaker, even as that nation’s aggressive push on electric vehicles has set off a scramble among both foreign and domestic automakers. Autoplay: On | OffChongqing Changan Automobile, a leading state-run carmaker and China’s No. 2 auto brand, plans to invest more than $15 billion in EV development, as well as to launch 21 pure-electric cars and 12 plug-in hybrid models by 2025, according to the Wall Street Journal . Changan’s move comes as China […]