Ford Motor Co’s (NYSE: F) German plant is reportedly unlikely to be sold to Warren Buffett-backed Chinese EV-maker BYD Co. (OTC: BYDDF).
What Happened: Ford was in talks with nearly 15 potential investors, including BYD, for the plant located in Sarrlouis, Germany, reported Bloomberg, citing people familiar with the matter.
“We aren’t focusing on certain companies’ facilities,” said BYD Executive Vice President Stella Li, reported Bloomberg.
“We’re doing feasibility studies to see our plans for …
