techkenyot.com
techkenyot.com September 20, 2018


Ford Motor Company (F) Outlines Bold New China Growth Plan

06 December 2017, 12:57 | Casey Mitchell

Ford Motor Company (F) Outlines Bold New China Growth Plan

Extending the tax rebate will give a fillip to China’s development of the NEV industry a term used to refer to electric vehicles plug-in hybrids and fuel-cell cars

The automaker, now a small player in the world's largest auto market, announced the ambitious plan on Tuesday in Shanghai.

Ford's research also found that Chinese consumers are less fearful of the potential problems electric cars could introduce than some of their global counterparts.

The new Zotye-Ford joint venture will also launch an all-new range of affordable all-electric vehicles to help address China's aggressive government mandate to switch to EVs.

Russian FM Reveals First Victims in Case of War on Korean Peninsula
If they seek a pretext to destroy North Korea, they should openly say so and the US leadership should confirm it. Nikki Haley, the United States envoy to the UN, urged all nations to cut diplomatic and trade ties.

Today, Ford announced a major expansion of its electric vehicle plans in China with 15 new models. Ford hopes to have 15 models ready by 2025.

Ford believes China is poised to become the most favorable market for the development and sale of electric vehicles, according to the US auto giant's executive chairman. "We are very excited to see this vision come to life in China", he said.

Added [CEO Jim} Hackett: "Ford's aspiration is to become the world's most trusted mobility company, designing smart vehicles for a smart world". They have been encouraged by China and Beijing's governments, which have put significant resources behind electric vehicle manufacturing and have introduced regulations that mandate auto companies sell a greater proportion of electric and hybrid vehicles or get shut out of the world's biggest auto market.

Trump complains about 'very unfair' treatment of Flynn
It's composed of the same dedicated men and women who have always worked there and who do a great, apolitical job. Former FBI director James Comey also fired back at Trump after he accused Comey of lying .

The company also outlined its planned shift toward smart vehicles, saying that all new Ford and Lincoln vehicles in China will be connected to the internet by the end of 2019. "We now have a chance to expand our presence in China and deliver even more for customers, our partners and society". By 2019 it will be building five new Ford and Lincoln models including a premium Lincoln SUV and the aforementioned plug-in electric vehicle in China.

The best current example being the Ford Eco Sport, a sub-compact crossover built in Brazil and India for local markets that fell short of expectations when initially launched in Europe in 2014.

How Western Digital Compared with Moving Averages in December 2017
Capital World Investors acquired a new stake in shares of Western Digital in the 2nd quarter valued at about $1,019,202,000. First National Trust Co.'s holdings in Western Digital Corp were worth $644,000 as of its most recent filing with the SEC.



Other News

Trending Now

GOP lawmaker suggests Democrat who touched him on arm may be gay
Bradford ended with, "And, uh, yeah, I'm pretty much without any further comment that would be constructive at this time". Brian Sims , the Legislature's only openly gay lawmaker, said from across the room, triggering bipartisan laughter.

Sadiq Khan crosses Wagah Border on foot!
Pakistan-origin London Mayor Sadiq Khan has reached Pakistan early this Wednesday morning on a one-day visit. He is scheduled to spend three days in Pakistan and will travel to Lahore , Islamabad and Karachi.

Feds File New Charges Against Undocumented Immigrant In Kate Steinle Case
His public defender Matt Gonzalez said Garcia Zarate will ask a judge to toss out the state conviction. Garcia-Zarate is a seven-time convicted felon and had been deported from the US five times.

Bryan Singer Attempts To Explain His Sacking From Freddie Mercury Bio
After his removal from the film, Singer's production company, Bad Hat Harry, vacated its offices on the Twentieth Century Fox lot. With " Bohemian Rhapsody " almost completed, a new director is needed to either finish Singer's job or start from scratch.

McFarland Lied to Senate Committee on Flynn and the Russians
McFarland was not mentioned in the court filings, but CNN has reported that she was the transition official who spoke to Flynn. Her written questions to the Senate Foreign Relations Committee did not acknowledge that conversation.

Early Moves to Watch: Cisco Systems, Inc. (CSCO)
Cisco Systems, Inc .'s insider ownership stands at 0.1 percent, while its insider transaction is -14.53 percent. (NASDAQ: CSCO ). Following the transaction, the senior vice president now owns 192,774 shares of the company's stock, valued at $6,180,334.44.

What's Fueling Investor Confidence? - Kite Realty Group Trust (KRG), PTC Inc. (PTC)
TheStreet upgraded shares of QTS Realty Trust from a "c" rating to a "b-" rating in a research note on Tuesday, October 24th. American Century Companies Inc. lifted its position in shares of Lexington Realty Trust by 35.6% during the 3rd quarter.

Westbrook leads Thunder past Jazz, Beal scores 51 points
On the Thunder's ensuing possession, George drove and finished a layup while drawing a foul from Jazz center Rudy Gobert . A career 43.1 percent shooter, George entered Tuesday's game shooting 41.1 percent, his career-worst in a full season.

Russian delegation to receive Schmid report minutes before addressing International Olympic Committee meeting
The IOC has already stripped Russia of 11 medals from the Sochi Olympics and banned more than 20 Russian athletes for life. That's the real problem for a lot of these athletes if they want to compete individually [as neutral athletes]", he said.

Amazon launches Prime membership in Singapore to attract customers
Members will enjoy a host of facilities, including access to video streaming and free gaming services such as Twitch Prime. Benefits offered include rebates and discounts for online supermarket RedMart, Netflix and Uber.