Ford and Geely Discuss Potential Joint Venture in the US
Ford and Geely have discussed a potential joint venture in the US, with Ford considering licensing Geely's technology for its vehicles. However, negotiations have reportedly stalled due to restrictions on Chinese software in US vehicles. Geely, which owns Volvo and Polestar, is seen as a key player in expanding Chinese automotive presence in the US market.
Tickers: $FORD
Topics: Automotive Industry International Business Regulatory Restrictions Technology Licensing