On January 16, individuals with inside knowledge of the situation revealed that Ford Motor Company is engaged in negotiations with BYD concerning the provision of batteries for hybrid models at its overseas manufacturing facilities. BYD stands as one among several battery suppliers that Ford has reached out to, and as of yet, no definitive agreement has been struck between the two parties. The primary objective of these discussions is to secure batteries for Ford's ever - growing range of hybrid vehicles, with the intention of supplying its international factories.

Sources indicate that the hybrid models manufactured at Ford's overseas plants are slated for global distribution, encompassing the US market. Nevertheless, it's important to note that the majority of hybrid models sold by Ford in the US will continue to be produced by North American factories. At present, BYD has remained silent on the matter. Meanwhile, a Ford spokesperson mentioned that the company routinely maintains communication with a multitude of enterprises on a wide array of issues and refrains from commenting on rumors or speculations pertaining to its business operations.