---- Eine Zotye E200 elektrische Auto ist auf dem Display während der Grünen Auto Show 2016 Shanghai in Shanghai, China, 29. Juni 2016. Ford Motor am 12.08.22 ORKB
--FILE--A Zotye E200 electric car is on display during the Green Auto Show Shanghai 2016 in Shanghai, China, 29 June 2016. Ford Motor on Aug. 22 said in a statement that it had signed a memorandum of understanding with China's Zotye Auto to establish a new joint venture for the development, manufacture, sales, and service of electric vehicles. Both firms will hold a 50-50 stake in the venture. According to Zotye, the memorandum serves as an initial intention of cooperation for both parties, and is a guiding document for future collaboration. Peter Fleet, group vice president and president of Asia Pacific at Ford Motor, said that electric vehicles will take a major share of the Chinese auto market, and Ford wants to be an industry leader that provides the most competitive production line for Chinese consumers. Ford Motor estimates that a total of 6 million new energy vehicles will be sold in China in 2025, two-thirds of which will be electric cars.
