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Ford held talks with China’s Xiaomi over EV partnership

Deal would open US market to Chinese carmakers

Ford has held talks with electric vehicle maker Xiaomi over a partnership that would pave the way for Chinese carmakers to gain a foothold in the US, according to four people familiar with the talks.

While the discussions were preliminary, Ford has explored forming a joint venture with Xiaomi to manufacture EVs in the US, according to the people.

Ford has also spoken with BYD and other Chinese carmakers about potential collaboration in the US.

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