Ford, Chinese partner look at possible electric car venture

FILE - This Tuesday, Oct. 25, 2011, file photo shows a Ford sign at the Salem Ford dealership in Salem, N.H. Ford announced Wednesday, Sept. 28, 2016, that the company is recalling about 74,000 Focus hatchback cars with manual transmissions in the U.S. and Canada because the hatches can be unlatched too easily while the cars are moving. (AP Photo/Charles Krupa, File)

BEIJING (AP) — Ford Motor Co. has announced an agreement with a Chinese partner to look into forming a joint venture to develop and manufacture electric cars in China.

Ford’s announcement Tuesday of the potential venture with Anhui Zotye Automobile Co. comes as global automakers are ramping up investment in developing electric models for China’s huge but competitive market.

Ford said previously it planned to offer electric versions of 70 percent of its models sold in China by 2025.

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