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Ford Seals Big Deal for Chinese Electric Cars in Time for Trump

Nov. 8, 2017, 5:47 PM

Ford Motor Co. is going all-in on electric cars in China, the world’s largest market for battery-powered vehicles, and it wants President Donald Trump to know about it.

The second largest U.S. automaker said Nov. 8 it’s finalized an alliance with China’s Anhui Zotye Automobile Co. to manufacture and sell a full line of electric vehicles. The companies will invest 5 billion yuan ($756 million) to develop the cars they’ll sell under a new brand unique to the Chinese market.

To underscore the deal’s significance, Ford’s top executive in Asia, Peter Fleet, is meeting with Trump and China’s president, Xi ...