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Ford: We'll Build Electric Cars in China Soon


Ford: We'll Build Electric Cars in China Soon

It's official: Ford Motor Company (NYSE: F) has entered into a new joint venture that will build electric vehicles in -- and for -- China.

It's the latest move in Ford CEO Jim Hackett's effort to push the Blue Oval more quickly into the high-tech future. Here's what we know.

Ford's Asia Pacific chief, Peter Fleet (right), with Zotye Auto director Ying Jianren as they announced a new joint venture to build electric cars in China. Image source: Ford Motor Company.

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Source: Fool.com

Ford Motor Co. Stock

€11.35
-1.240%
A loss of -1.240% shows a downward development for Ford Motor Co..
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 23.33% for Ford Motor Co. compared to the current price of 11.35 €.
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