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Quick Take: Ford Motor Steers to E-Vans in China - Caixin Global
source link: http://www.caixinglobal.com/2017-10-05/101153305.html
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Quick Take: Ford Motor Steers to E-Vans in China
Photo: IC
U.S. automaker Ford Motor Co. is shifting its strategy in China to producing more electric commercial vans, which the government sees as part of its recipe to reduce air pollution.
A shift to e-vans and e-trucks in China, reported by Reuters citing two high-ranking company insiders, would also fit with Ford’s overall pivot from gas to electric under CEO Jim Hackett, who began leading the company in May.
The move comes as Ford has seen its sales decline in China, the world’s largest auto market. In the first eight months of 2017, sales of Ford vehicles decreased 6% to 720,000.
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