Ford and Xiaomi Deny Talks on U.S. Electric Vehicle Joint Venture

Ford Motor Company and Xiaomi have denied reports of discussions regarding a joint venture to manufacture electric vehicles in the United States. According to Jin10, the Financial Times reported on Saturday, citing unnamed sources, that the two companies had engaged in talks about forming a partnership. However, Xiaomi has refuted these claims, stating that the reports of negotiations with Ford are false. The company clarified that it does not currently sell its products or services in the U.S. and has not engaged in any such discussions.