China is taking the lead in the electric vehicle market, Bill Ford1, executive chairman at Ford Motor Company, said on Wednesday.
福特汽车执行总裁比尔·福特周三表示,中国在电动汽车市场领域走在世界前列。
At the 2017 Fortune Global
Forum2 held in the southern Chinese city of Guangzhou, Ford said he is bullish on China's new energy vehicle (NEV) market, saying strong government resolve to encourage their use can be successful.
Optimistic on the outlook, the U.S. car
maker3 earlier announced a
joint4 venture with China's Anhui Zotye
Automobile5 to produce and sell electric cars in China, with plans to launch 15 electric car models in the country by 2025.
While the
infrastructure6 for
electrification7 has improved and the cost is coming down, there is still a question mark as to whether
retail8 customers can accept NEVs in big numbers, according to Ford.
He said the joint venture will bring in impressive technology and competitive costs so that retail customers don't get choked out of the market.