[ElectricPony]

Ford is going to be getting their batteries from Chinese company BYD.

BEIJING (Reuters) - Chinese electric vehicle (EV) maker BYD Co Ltd (002594.SZ), (1211.HK) will supply EV batteries to U.S. automaker Ford Motor Co (F.N), a document on the website of the Ministry of Industry and Information Technology showed on Monday.

Ford’s China venture with Changan Automobile (000625.SZ) is seeking government approval to build a plug-in hybrid model equipped with BYD’s batteries, according to the document.

This marks BYD’s first-known battery supply deal with a major global automaker.

Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, said it would supply EV components including batteries and power management devices.

The Dearborn, Michigan-based automaker said last year it planned to launch more than 30 new or significantly redesigned models in China by the end of 2021, of which over a third will be electric vehicles.

Ford and BYD did not immediately respond to requests for comment.

Buffett-backed BYD to supply EV batteries to Ford

Chinese electric vehicle (EV) maker BYD Co Ltd <002594.SZ>, <1211.HK> will supply EV batteries to U.S. automaker Ford Motor Co <F.N>, a document on the website of the Ministry of Industry and Information Technology showed on Monday.

www.reuters.com

 

[MachDrive]

According to the article, these are for Chinese market vehicles only.

Until Ford can make their own, I believe it really doesn’t matter where they get their battery cells from. As long as they are as socially and environmentally ethical as possible.

Every EV on the road is one less ICE.

 

[ElectricPony]

According to the article, these are for Chinese market vehicles only.

Until Ford can make their own, I believe it really doesn’t matter where they get their battery cells from. As long as they are as socially and environmentally ethical as possible.

Every EV on the road is one less ICE.

Agreed, I don't have a preference on where they're made and who makes it. I just find this stuff interesting on how it's coming together.