Ford held talks with China’s Xiaomi over EV partnership
Deal would open US market to Chinese carmakers
Deal would open US market to Chinese carmakers

US carmaker is setting up a new battery energy storage facility using licensed CATL technology based on existing agreement

Carmakers seek tie-ups with Chinese groups and traditional rivals to secure scale and technology

Xiaomi wants to expand on the continent as demand for its cars outstrips production

Carmakers want to lower costs and accelerate development speed for small vehicles to survive the rapid rise of Chinese competition

Detroit-based carmaker says it ‘proactively reduced EV capacity’

World’s biggest operator, Wallenius Wilhelmsen, aims to boost revenue by helping newer Beijing brands expand overseas