Ford signs agreement to build electric cars in China


Ford signs agreement to build electric cars in China:

Ford the card making giant company recently announced that company is done partnership with Chinese automaker Zotye, so both can create electric vehicle in china, and the total investment done with $ 765 million.

According to news both of company have share of 50% each, and this has also approved by the Chinese government. If everything is approved, than both two companies will build electric cars in China’s Zhejiang province.

According to our research this is Ford’s second big electric car announcement this week. Prior to that, the automaker had reveal a joint venture with manufacturers BMW, Daimler and Volkswagen to install about 400 charging stations for electric cars across Europe.

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