Ford, BYD in discussions over hybrid-vehicle battery partnership, WSJ reports

Ford (F) and BYD (BYDDF) are in talks on a partnership under which the U.S. company would purchase batteries from the Chinese auto giant for some of Ford’s hybrid-vehicle models, the Wall Street Journal’s Ryan Felton and Raffaele Huang report, citing people familiar with the matter. The two parties are still negotiating how the arrangement would work, with one idea being that Ford would import batteries from BYD to the U.S. car maker’s factories outside of the U.S., the authors say, noting that discussions remain ongoing and it’s possible a deal won’t materialize.