Ford Looks to ‘Auto Vending Machine’ in China During Talks with Tmall

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Ford Motor Company in China is in talks with Alibaba’s Tmall that could see itmay soon be selling cars through Tmall and an “Automotive Vending Machine” concept.
The “Automotive Vending Machine” is a multi-storey parking garage that partly resembles a giant vending machine which allows consumer to use their phones to browse through the cars and choose to either test drive or buy a vehicle.
Once they’ve made their choice, the vehicle is delivered to them on the ground floor.
According to the Detroit News, the US automaker has signed a three-year agreement signed with Alibaba Group to expand its footprint in China, following a visit to Alibaba headquarters by Ford CEO Jim Hackett and executive chairman Bill Ford Jr.
Just last month Ford inked a $756 million partnership with Anhui Zotye Automobile Co to build electric vehicles, and more recently Hackett and Ford announced plans to bring 50 new vehicles to market in China by 2025 – including five new models in China.
This plays well with Alibaba’s efforts to “redefine” the retail experience.
Their first priority is to come up with new ways for people to buy, maintain and own vehicles using the internet, computers or other technology.
Questions & Answers
Q.What is the ‘Automotive Vending Machine’ concept being discussed?
What is the ‘Automotive Vending Machine’ concept being discussed?
It is a multi-storey parking garage that functions like a giant vending machine. Customers can use their phones to browse, test drive, or buy a vehicle, which is then delivered to the ground floor.
Q.What is the broader goal of Ford’s agreement with Alibaba Group?
What is the broader goal of Ford’s agreement with Alibaba Group?
The agreement aims to expand Ford's presence in China and aligns with Alibaba's efforts to redefine the retail experience. Their priority is to create new ways for people to buy, maintain, and own vehicles using technology.
Q.What other plans has Ford recently announced for the Chinese market?
What other plans has Ford recently announced for the Chinese market?
Ford recently signed a $756 million partnership with Anhui Zotye Automobile Co to build electric vehicles. They also plan to introduce 50 new vehicles to the Chinese market by 2025, including five new models.
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