KATHMANDU: Ford Motor Company is reportedly in discussions with the Trump administration about allowing partnerships with Chinese EV makers to build vehicles in the United States. According to sources cited by Bloomberg, Ford CEO Jim Farley recently raised the idea…

KATHMANDU: Ford Motor has cancelled an electric vehicle (EV) battery supply agreement worth about $6.5 billion with South Korea’s LG Energy Solution, reflecting a broader slowdown in the global EV market. LG Energy Solution said Ford terminated the deal after…

KATHMANDU: Ford and Renault have officially teamed up to develop a new range of affordable electric vehicles for the European market. The agreement marks a major step for both companies as they work to stay competitive against fast-growing, low-cost Chinese…

KATHMANDU: Ford Motor Company is reconsidering the future of its Maraimalai Nagar plant near Chennai, India, which has remained idle since mid-2022. The American automaker is weighing options to either restart operations or write off its investment as recent U.S.…

KATHMANDU: Even in a country where around four million cars are sold every year, not all automakers can survive. India, now the world’s fourth-largest car market, has proven to be one of the toughest places for global brands. As local…