Xiaomi denies exploring the establishment of an electric vehicle joint venture with Ford

Gelonghui, February 1st - The Financial Times reported on Saturday, citing sources familiar with the matter, that Ford Motor (F.US) had held talks with Xiaomi regarding a potential collaboration, exploring the establishment of a joint venture in the United States to manufacture electric vehicles. In response, Xiaomi stated that reports about Xiaomi negotiating a joint venture with Ford Motor Company are false. Currently, Xiaomi does not sell its products or services in the United States, nor has it engaged in any such negotiations.