China

GM, Ford CEOs open to EV partnerships to compete with China

Chian EVs
A Cadillac Lyriq EV concept at the 2021 Shanghai auto show. The CEOs of Ford and General Motors are willing to partner with others to cut electric vehicle technology costs as Chinese rivals move into overseas markets. (BLOOMBERG)
R
By:
Reuters
February 15, 2024 06:22 PM

The chief executives of U.S. automakers Ford and General Motors said on Thursday they would consider partnerships to cut electric vehicle technology costs as Chinese rivals move into the U.S. and European markets.

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