Chinese EV makers are existential threat to western auto giants, says Ford CEO
China and firsthand experience of their EV advances, Ford CEO Jim Farley now brands the Chinese manufacturers as an "existential threat" to the industry-a wake-up call for the global automotive world.
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 told the company's CEO Jim Farley after the two had taken a test drive 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
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.
Why EU tariffs are unlikely to dent Chinese EV makers' European expansion
Chinese EVs will remain competitive in Europe despite additional tariffs as they are still quite low, analysts say. Research ...
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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 ...
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.
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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 ...
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 ...
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DAVID BLACKMON: Europe’s EV Market Collapse Provides A Lesson For UAW Leadership
It is an ill-kept secret of American politics that most of the big labor unions in the country have long been client ...
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.
Chinese EV makers face another headwind as Beijing warns on protecting key tech
The declines also coincided with a broad weakness in the Chinese stock market. Notably, the CSI 300 Index, which tracks the ...
Michigan Republicans continue to spar with Dems over deal with Chinese EV company in key House race
Michigan Republicans have continued to attack former Democratic State Sen. Curtis Hertel for his ties to a deal with a ...
Von der Leyen strengthens EU grip, but hawkish China agenda to be tested by EV tariffs row
First test of European Commission president's China agenda is whether she can have her way in fiery dispute over EVs In ...