Ford denies report that it plans to build EVs in the US with China’s Xiaomi

Ford has refuted claims that it intends to collaborate with China's Xiaomi to manufacture electric vehicles in the United States. This denial comes in response to a report suggesting that such a partnership could facilitate the entry of Chinese automotive companies into the US market. This story highlights the ongoing tensions between American and Chinese companies in the automotive sector, particularly in the realm of electric vehicles. As the global shift towards EVs accelerates, partnerships and collaborations are scrutinized for their potential implications on market dynamics and national interests. The denial from Ford underscores the complexities of international business relationships, especially in an era where technology and trade policies are increasingly intertwined. Furthermore, this incident reflects a broader narrative of skepticism surrounding foreign investments in the US, particularly from Chinese firms, as concerns about competition and economic security continue to shape public and governmental discourse. The implications of such partnerships, or the lack thereof, will likely resonate in discussions about innovation, market access, and the future landscape of the automotive industry.