May 2 (Reuters) – Zotye Automobile Co Ltd:
* SAYS IT SIGNS MOU WITH FORD MOTOR’S UNIT FORD SMART MOBILITY
* SAYS IT PLANS TO SET UP JV IN ZHEJIANG PROVINCE WITH REGISTERED CAPITAL OF $20 MILLION WITH FORD SMART MOBILITY Source text in Chinese: bit.ly/2reopWd Further company coverage: (Reporting by Hong Kong newsroom)