Ford Explores Major Global Alliances to Reshape EV Cost Structure

Feb 19, 2026 (21 hr ago)

Neutral

Ford is actively negotiating strategic joint ventures with Chinese and European automakers to secure lower-cost EV platforms for the US market.

Strategic Global EV Partnership Exploration

Ford is in discussions with US officials and Chinese EV makers regarding joint ventures that would permit Chinese brands to build vehicles in the US under American majority control2
The company is also exploring potential collaborations in Europe, including with Geely, to develop simpler, lower-cost electric vehicles for US buyers2
These potential alliances are intended to significantly reshape Ford's cost base and improve access to necessary EV technology platforms2

Ford reported first-quarter earnings per share of $0.13, substantially exceeding the consensus estimate of $0.064
Quarterly revenue reached $45.89 billion, representing a 4.8% year-over-year decrease in top-line sales4
A quarterly dividend of $0.15 per share was declared, scheduled to be paid to shareholders of record on March 2nd3, 4

Short interest in Ford saw a significant decline of 12.9% during January, ending the month at 172.36 million shares4
Institutional investors increased their positions, with Vanguard Group lifting its stake by 0.9% and Charles Schwab Investment Management increasing its holding by 2.8% in the fourth quarter4
PNC Financial Services Group increased its overall holdings in Ford Motor Company by 15.2% during the third quarter3

Investors should monitor that new global alliances do not introduce excessive financial strain, as Ford's current operating cash flow does not well cover its existing debt load2