Ford, GM keep China EV ties as US tightens rules

📡 Nikkei Asia · 1 min read ·
Ford and General Motors (GM) are still working with Chinese partners on electric vehicles (EVs), even as the United States government makes it harder for American companies to do business with China. The two carmakers have not cut their EV partnerships in China, according to a review of company statements and public records. This shows the gap between Washington's policy goals and how global car companies actually operate. The US has raised tariffs on Chinese EVs and restricted some technology sharing. Lawmakers say these steps protect national security and American jobs. But Ford and GM still need China, the world's largest EV market, to sell cars and develop new models. Ford works with Chinese battery maker CATL. GM builds EVs in China with local partners, including SAIC. Both companies say they follow all US laws. Analysts say leaving China would be costly. Chinese firms lead in battery technology and low-cost production. Cutting ties could slow the American companies' EV plans and raise prices. The issue is likely to grow as the US election nears. Politicians from both parties want a tougher stance on China. Car companies, however, must balance politics with profits and market share.