Tag: Ford

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China’s Global Car “Blitzkrieg”: 6 Million Exports Set to Shake the Auto Industry

Ford Motor CEO Jim Farley recently returned from one of his regular visits to China and warned his team at the company's headquarters in Dearborn, Michigan, that the venerable automaker faces an "existential threat" from Chinese automakers. Farley should be ...

BYD is Launching Its Next Gen Blade EV Battery and That’s Really Bad News for Both DR Congo, Indonesia

Chinese electric vehicle giant BYD announced the launch date for its next generation Blade EV battery that will be released in August with 27% more energy density than the current power pack. The new battery will also be sufficient for most cars to ...

Biden Issues New Rules That Aim to Cut China Out of the U.S.’ EV Battery Supply Chain

U.S. consumers will no longer benefit from a $7,500 tax credit when they buy an electric vehicle that contains battery metals that were produced in China, according to new rules released by the Biden administration on Friday. The new regulations are ...

Why China Wins and the West Loses When the Price of Cobalt Drops

U.S. and European automakers are rejoicing over the 30% plunge in cobalt prices this year, providing relief for one of the costliest elements needed to power electric vehicles. But what's good for Tesla, Ford and VW is not aligned with the ...

New Billion-dollar Korean-Chinese EV Battery Plant Deal Likely to Anger the U.S.

South Korea's LG Chem signed a deal with Chinese mining and metal refining giant Zhejiang Huayou Cobalt to build a massive $920 million electric vehicle battery factory in southwest Korea. While the proposed factory makes a lot of sense for companies ...

Analysis from Cobus van Staden

Confusing Developments in “Development”

This week I’m in Brussels, where I took part in a workshop on how the EU should shape its development strategy in response to China’s global influence.
I have joked in the past that it feels like I’ve attended this same ‘EU, Africa, and External Development Partners’ conference for ten years straight. 

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Ford Teams Up With Chinese, Indonesian Companies in Nickel Venture

The Ford Motor Company is teaming up with Indonesia's PT Vale and Chinese mining giant Zhejiang Huayou Cobalt to buy the Pomalaa nickel processing plant in Indonesia. The $4.5 billion venture deepens the U.S.-automaker's stake in the battery metal supply chain in ...

Countries in Asia and the Americas Account For Half of China’s Total Auto Exports

China is on the verge of displacing Germany to become the world's second-largest auto exporting nation (Japan is #1). This is a remarkable accomplishment given the speed that China's automakers have gained international market share, tripling sales to 2.5 million units since 2020.

While More U.S. Companies Are Moving Production From China to India, Ford is Heading in The Other Direction

Apple is one of a growing number of international companies moving quickly to diversify its manufacturing operations away from China to other countries in Asia, particularly India. In fact, the Cupertino-based tech company announced this week that in just five months, ...

Chinese Car Brands Pulling Ahead in South Africa 

Chinese car brands like Chery and Haval are outselling traditional favorites like Mercedes Benz and Ford in the South African market. Both brands sold more than a thousand cars in July, far beyond Western competitors.  Read more on the News24 ...

First Ford, Now Tesla Signs Major EV Battery Deals With Chinese Suppliers

The United States government's long-held goal to weaken China's dominance in the strategically important electric vehicle battery sector suffered another setback on Monday when Tesla announced two multi-year deals to source batteries from two of China's largest suppliers. Tesla signed agreements ...

Ford’s CEO is Unhappy with China and the DRC’s Control Over EV Supply Chain

Ford chief executive Jim Farley said the cost of electric vehicles remains too high, in part because of the cost of importing key raw materials like cobalt from the Democratic Republic of the Congo and relying on batteries made in China. Instead, Farley called for both to ...