Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com June 9 news, there are media reports, Ford Motor wants to integrate the electric horse team into Ford China, and in the follow-up cancellation of Ford Electric Mach. Ford responded today that it has no plans to terminate Ford Electric Mach's operations.

▲ source: Ford

According to the report, Ford Electric Mach Technology was put into operation in September last year. Ford China hopes to operate its electric vehicle business in China through the independent company and accelerate the electrification transformation in China. However, due to poor sales of electric horses, it is difficult for the company to be responsible for its own profits and losses. The above report also said that Ford will carry out organizational restructuring, about 2000 employees will be incorporated into Ford China.

▲ source: Ford said in a statement in response to Zhongxin Jingwei today that Ford has no plans to terminate Ford Electric Mach's business operations. CTOnews.com found that in the most recent year, Ford Electric Horse sales peaked in December 2022, with sales of 1535 vehicles. In the first four months of this year, Ford Electric Horse's cumulative sales reached 702 vehicles, ranking 247th in SUV sales.

▲ source: Ford Enterprise Information shows that Ford Electric Mach Company was founded in April 2020 with a registered capital of US $665 million (CTOnews.com Note: currently about 4.735 billion yuan), and is owned by Ford Technology (China) holding Company and Nanjing Jiangning Economic Development Industry Development Co., Ltd., respectively. At present, the company is still in a state of existence.

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