Ford Makes Decision in China That American Customers Will Envy

Ford (f) says it and repeats it. Its main rival is Tesla (TSLA) .

A major offensive in the electric vehicle market, the longtime automaker is determined to compete head-on with the industry leader in profitability, market value, production and sales.

The brand with the blue oval wants to fight Tesla in all markets, even those where the group of charismatic and capricious Elon Musk has a big advantage, such as China.

China is the largest car market in the world and also the most important when it comes to electric vehicles. The tax breaks and support given to consumers and manufacturers to facilitate the introduction of low-emission vehicles also make it an ideal battleground for any automaker looking to establish themselves in this highly lucrative segment of the auto industry.


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