On May 8, in the auto reply to the Shenzhen stock exchange in the inquiry letter, zhongtai auto, said zhongtai car, a subsidiary of the Thai new energy future will no longer engaged in pure electric passenger vehicle, subsidiary will be engaged in new energy automotive research and development, production, sales and marketing related work, new energy vehicle business will delimit the ford under the new joint ventureIt is learned that in November 2017, zotye and ford signed the "joint venture contract", and the two sides reached an agreement to set up a joint venture company engaged in the research and development, manufacturing, sales and service of pure electric passenger vehicles and their parts.