BYD May Buy Ford’s Automobile Plant In Germany And Push Electrification

[Vernon]

Credible sources have reported that BYD is negotiating with Ford for the possibility of taking over Ford’s plant in Saarlouis, Germany. This information was relayed to the Wall Street Journal by an insider source. A delegation from Ford is scheduled to travel to China soon for the continuation of talks which is still in the … (read full article...)

 

[Voltaiz]

The factory in discussion is the Saarlouis plant, where vehicle production is slated to eventually end in 2025. The talks, though are still in a preliminary stage and may ultimately fall through. Ford is also gauging interest from around 15 potential investors, but terms of the deal are not yet clear.

 

[Amperix]

Ford has a number of investors who own shares in the company, including both individual investors and institutional investors such as mutual funds and pension funds. Ford has a global investor base, and its shares are traded on major stock exchanges such as the New York Stock Exchange (NYSE) in the United States. Ford has also received investments and partnerships from various organizations, including government agencies, private equity firms, and technology companies.