NEW YORK -- Ford Motor will turn to Chinese battery maker CATL's technology in developing an electric vehicle priced below $30,000, as the U.S. EV industry faces headwinds from the Trump administration's tax and environmental policies.
Electric vehicles
Ford leans on CATL batteries in push into affordable EVs
US auto industry is 'at a crossroads,' CEO says of changing business landscape
Ford Motor CEO Jim Farley lays out the automaker's strategy at an assembly plant in Kentucky on Aug. 11. © Reuters
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