The Ford Motor Company announced a number of important deals with major Chinese mining and battery manufacturers to bolster the supply chain of critical resources needed to power its new line-up of electric vehicles.
NICKEL: The U.S. auto giant signed a three-way MoU with Indonesia Vale and Chinese mining giant Zhejiang Huayou Cobalt to build a plant in Indonesia to extract nickel. Nickel is a key ingredient used to manufacture EV batteries.
- Get a daily email packed with the latest China-Africa news and analysis.
- Read exclusive insights on the key trends shaping China-Africa relations.
- Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.