In the US, President Trump loves oil and gas and does not like solar and electric vehicles. In the US that means companies such as Ford and GM have to over emphasize their gasoline engines, However Ford and GM are both multinational corporations with operations around the globe.

In an article by Alexa St. John of the Associated Press, Ford Motor Corporation and Geely Auto announced to joint manufactured low and zero emission vehicles at Ford’s Valencia, Spain factory.

The Chinese companies are dominating auto sales across the globe, so Ford has to reignite Ford’s offerings for the European auto market.

In the US, policy all but locks Chinese firms out of the market – through American automakers still partner with companies in China for production and Chinese vehicles are making inroads in North America more broadly.

The joint venture with be 2/3’s by Ford and 1/3 by Geely. Among the brands Geely owns are Volvo, Polestar and more.

Under the partnership, Ford plans to continue production of the Ford Kuga plug-in hybrid vehicle and begin a new Bronco SUV in 2028. Geely plans to make 2 electric SUVs at the plant starting in 2028. In addition, a new multi-energy crossover model will be made in 2028.

Ford will sell about 500,000 vehicles this year, down from 1 million a decade ago.

Chinese companies have the momentum with them as they have been producing high quality and efficient hybrid and pure EVs – coined new energy vehicles with advanced technology at a low price point. Chinese companies have expanded in other countries in Asia, Latin America and parts of Europe.

Linking to dividend paying stocks, every large company balances the wishes of the government at their home country and the regulations in other countries, ideally trying to keep costs down and make a profit and for shareholders to pay a dividend. It is a tough balancing act, but one that needs to be done to meet consumer demands.

There are more questions than answers, till the next time – to raising questions.