Published • loading... • Updated
Trump administration blasts Ford's business deals with Chinese firms
The Transportation Department said Ford’s ties to CATL, Geely and BYD raise national security and supply-chain concerns as the automaker expands overseas partnerships.
- The U.S. Department of Transportation expressed concern over Ford's strategic partnerships with Chinese firms CATL and Geely, citing risks to American automotive manufacturing integrity and supply chain independence.
- Ford collaborates with CATL to produce lithium iron phosphate batteries at its Michigan plant and has a joint venture with Geely in Spain to build vehicles for the European market, with no plans to sell these vehicles in the U.S..
- Transportation Secretary Sean Duffy criticized Ford for deepening dependencies on Chinese state-backed enterprises and urged the company to prioritize American workers, supply chains, and technological self-reliance.
- Ford defended its global strategy by highlighting its U.S. vehicle production and efforts to compete in Europe through partnerships with companies like Renault and Volkswagen, despite criticisms from government officials.
Insights by Ground AI
11 Articles
11 Articles
The Mighty 790 KFGOReposted by 
Investing.com
Investing.comTrump administration blasts Ford business deals with Chinese firms
By David Shepardson WASHINGTON, Sept 8 (Reuters) - The Trump administration on Tuesday blasted Ford Motor's business partnerships with Chinese companies, saying they pose deep national security concerns. U.S. Transportation Secretary Sean Duffy in a ...
Coverage Details
Total News Sources11
Leaning Left4Leaning Right0Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
Factuality
To view factuality data please Upgrade to Premium
