Part 7/10:
The company’s regional approach is tailored to the distinct markets worldwide. In China, where more than half of vehicle sales are electric, Ford is forming strategic partnerships—most notably with Renault—to deliver affordable EVs tailored to local consumer demands. In Europe, Ford is also collaborating with Renault to access cost-effective EV platforms, recognizing that direct investment in full-scale EV development may not be essential in every region.