The hottest Ford and Zhongtai fight together in Ch

Ford and Zhongtai jointly fight in China's car Hailing market

China machine tool business column upstream and downstream of machine tools] Ford intelligent Travel Co., Ltd. and Zhongtai Automobile Co., Ltd. (Zhongtai automobile) signed a final joint venture agreement, with both parties contributing 50% respectively to form Zhongtai Ford intelligent travel Technology Co., Ltd. The new joint venture will be committed to providing intelligent and customized pure electric vehicle travel solutions for car Hailing operators and drivers, helping the booming development of China's car Hailing market. Ford intelligent Travel Co., Ltd. is a wholly-owned subsidiary of Ford Motor Company

Jim Farley, executive vice president and President of global marketing of Ford Motor Company, and Ying Jianren, chairman or president of Tieniu group (Zhongtai Automobile Holding Company), met at Ford Motor's Shanghai office today and witnessed the signing of the joint venture agreement. Peter fleet, vice president of Ford Motor Company Group and President of Asia Pacific region, and Jin zheyong, chairman of Zotye motor, signed this Agreement on behalf of both parties

from left to right: yingjianren, chairman of Tieniu group, Jin zheyong, chairman of Zhongtai automobile, Peter fleet, vice president of Ford Motor Group and President of Asia Pacific region, and Jim Farley, executive vice president and President of global marketing of Ford Motor.

the new joint venture will provide comprehensive one-stop services for car Hailing operators and drivers in China, including pure electric vehicle leasing, fleet management solutions Smart link and on-board infotainment services. The formal establishment of the new joint venture is yet to be approved by the relevant Chinese government agencies

as part of Ford's strategy in China, the new joint venture will provide more mobile travel services and products to Chinese car Hailing operators and drivers. Jim Farley, executive vice president and President of global marketing of Ford Motor Company, said that by providing intelligent and innovative solutions for the rapidly developing car Hailing market, Ford will further promote the realization of the vision of intelligent world of intelligent car service in the Chinese market

the registered capital of the new joint venture is 20million US dollars. It is located in Hangzhou, Zhejiang Province. It will take the lead in developing business in the car Hailing market in Zhejiang Province, and then gradually expand to other provinces and cities

according to the joint venture agreement, Zhongtai z500ev, a pure electric class B car, will be used as the first model for rental by car Hailing operators and drivers. The interior space of the z500ev is spacious, and the endurance mileage under comprehensive conditions reaches 330 kilometers. In addition, the model will add advanced vehicle HRB: it adopts 100kg load and 1.58mm diameter hardened steel ball on-board infotainment system and smart link function to improve the user experience of passengers

the new joint venture will also work closely with Zhongtai Ford Automobile Co., Ltd., which is committed to developing and producing a series of fashionable economic pure electric vehicles with joint venture and independent brands for Chinese consumers. At present, the official establishment of Zhongtai Ford Motor Co., Ltd. is yet to be approved by relevant Chinese departments. This means that after the launch of all tyford models, the car Hailing operators and drivers will have a richer choice of vehicles

the signing of the joint venture agreement once again confirms the solid partnership between Zhongtai and Ford. Ying Jianren, chairman of Tieniu group, said that this also marks the official start of a new journey between the two sides, working together to provide intelligent travel solutions for Chinese car Hailing operators, drivers and consumers, and contributing to the booming car Hailing market in China

the new joint venture will explore how to use the car service cloud platform (TMC) to provide data analysis and intelligent fleet management solutions for car Hailing operators to help them improve the scale and efficiency of fleet management. In addition, the new joint venture will also contribute to the smart city projects of local governments, so as to reduce urban traffic congestion and improve people's travel experience

tmc is an open software service cloud platform created by autonomic, a wholly-owned subsidiary of Ford intelligent travel. It enables car companies, fleet operators and other users to develop software applications for smart connected vehicles, so as to improve consumers' on-board interconnection and travel experience. In August this year, autonomic and Alibaba cloud signed a memorandum of cooperation to accelerate the landing of TMC in the Chinese market

(original title: Ford and Zotye compete in China's car Hailing market!)