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Ford's CEO and CFO took a drive in a Chinese EV. What they said about it reveals a lot about the state of the US auto industry.
"These guys are ahead of us," Ford CFO John Lawler was said to have told the company's CEO, Jim Farley, after the two drove in a Chinese electric SUV.
Ford Execs Shaken After Secret Chinese EV Test Drive: ‘They’re Ahead of Us’
Ford CEO Jim Farley bluntly described Chinese EVs as an "existential threat," underscoring their rapid advancements
Legacy automakers scramble to counter 'existential threat' from nimble Chinese EV makers
Legacy automakers like Ford are reassessing their strategies in response to growing competition from Chinese EV makers, sparking concerns for investors.
Ford CEO's haunting visit to China triggered its radical EV shift
Ford executives shocked fans and skeptics by announcing radical changes to its electric vehicle strategy. In a series of moves that would cost the automaker up to $1.9 billion, the Blue Oval dialed back its bigger plans for its electric lineup.
Ford Calls Chinese Car Companies an 'Existential Threat'
The Blue Oval admits that "these guys are ahead of us." G one are the days when Chinese car manufacturers were the laughingstock of the automotive industry. Not only have they (la
Ford boss warns Chinese EVs are an “existential threat”
A trip to China to visit its joint-venture partner was an eye-opening experience for Ford's CEO, who now sees the nation's electric vehicles as a threat.
1d
on MSN
BYD’s Southeast Asian partner explains what helped the Chinese EV brand break out overseas: Putting the steering wheel on the right side
Sime Darby, No. 25 on the Fortune Southeast Asia 500, is working with BYD to sell EVs in Singapore and Malaysia.
Autoblog
4d
Ford CEO says the Chinese EV industry is biggest threat to his business
In a Wall Street Journal interview, Farley described the situation as an "existential threat" to Ford, highlighting the rapid ...
2d
on MSN
Why EU tariffs are unlikely to dent Chinese EV makers' European expansion
To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research ...
cbtnews
8d
Biden admin increases Chinese EV tariffs, set to take effect on Sept. 27
The Biden administration has confirmed major tariff hikes on Chinese imports, including a 100% duty on EVs, to protect ...
Digi Times
3d
Chinese EV makers to boost overseas production as tariffs climb
China's electric vehicle (EV) manufacturers are expanding their overseas production to circumvent rising tariffs in many ...
5d
EU says deadline for Chinese EV price offers has passed
The European Commission said on Monday that the deadline for Chinese electric vehicle makers to make price commitments as a ...
9d
NIO, LI, or XPEV: Which Chinese EV Maker Is the Best Pick?
My Hold rating on Nio stems from the company’s consistent quarterly losses, driven by intense competition in the EV sector.
Brattleboro Reformer
1d
Angry French cognac makers see red over Chinese tariffs threat
The probe was launched months after the EU undertook an investigation into
Chinese
electric vehicle (
EV
) subsidies. And ...
4d
EV tariffs will damage Germany, China, says Chinese commerce minister
China's commerce minister said the European Union's imposition of tariffs on electric vehicles (EV) will "seriously interfere ...
Hosted on MSN
1d
Korea urged to brace for surge in Chinese EV sales
Korea is being urged to brace for an influx of Chinese electric vehicles (EVs), which are feared to increase their market ...
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