Welcome back to EV News Daily. Today, Ford turns to Renault. BYD wants small EVs in Europe and BMW launch vehicle to grid. And if you stay tuned later in the show, I'll tell you what EVs are doing to the grid in Kenya. On EV News China, today, our spin-off podcast, looking at what happens in the East and how it affects the global industry.

We're talking about how China edges towards an EU deal.

Xiaomi, top 600,000 deliveries and January's evening numbers.

All right, let's kick off with Ford.

They will partner with Renault in Europe to develop two small electric cars arriving firstly in

2028. Chief Executive Jim Farley said the deal aims at cutting costs and improving

profitability after Ford recorded an $8.2 billion full year loss last year. That loss followed

$15.5 billion in fourth quarter write-offs, largely from

EV programs, including the Mustang marquee and Puma Genie. Renno will handle development and

production of new small EVs. Ford retains control of design and chassis. Ford's current European battery electric range is

the Puma Gen E. The Puma is the most popular car in this country and going electric is a big deal,

but it's not selling in huge numbers. Plus, the Explorer and the Capri. SUVs built on Volkswagen's

MEP platform, their version of the ID4 and ID5, if you like.

European battery electric sales reached about 98,000 units last year. That was up on the previous year.

It was led by the Explorer and then the Puma doing about half the numbers of the Explorer. Those results helped

narrow Ford's Model E division loss. Last year, it lost $4.8 billion the previous year,

$5.1 billion. Chief Financial Officer Sherry House said the unified electric vehicle products,

which come next year in 27, will cut

the losses further, with the Renault B-segment vehicles contributing to better margins from

28 onwards. So, in the United States, we know Ford have cancelled the F-150 Lightning

production, and a three-row electric SUV is now off the table. Instead, in America,

they've turned to the UEV platform instead. The first UEV model is going to be a pickup,

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