I just wanted to add some supportive news articles on Ford’s China strategy, in combination with my long-term investments with Ford.
Ford announces partnership with Alibaba (BABA) to sell electric vehicles to Chinese consumers:
It appears that Ford is heading in the right direction and now is a perfect time to look in their direction if you haven’t already. Also, Ford’s China tactic includes offering 50 new models by 2025, 15 of which will be electric or plugin hybrid:
This is a massive investment in the most import car market in the world. And they are preparing for the future as I would expect. In addition to offering 30% EVs to their new lineup, they are working with Baidu (BIDU), China’s Google search engine equivalent, to develop autonomous vehicles. To me, this is a Wealth Explosion.