Ford Motor Company is reportedly in discussions with Chinese auto giant BYD to secure battery procurement for its hybrid vehicle lineup, coinciding with a significant price target increase from UBS.
- The proposed agreement aims to secure battery supply specifically for Ford's expanding non-EV electrified segment.
- UBS raised its price target on Ford shares to $15.00 (up from $12.50).
- The bank maintained a Neutral rating, citing caution ahead of the company's Q4 2025 earnings scheduled for February 4, 2026.