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'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
What Scared Ford’s CEO in China
Jim Farley is changing strategy to combat what he calls an ‘existential threat’ from China’s electric carmakers.
'An existential threat': How a trip to China humbled Ford's executives
Jim, this is nothing like before…these guys are ahead of us.”It’s a statement that’s put the entire western automotive industry on notice. According to the Wall Street Journal, those were the words uttered by Ford’s CFO John Lawler to CEO John Farley as the pair test drove an electric vehicle on a trip to China last year.
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.
whichcar2h
"These guys are ahead of us": Ford’s CEO shocked by the rise of China's auto industry
Ford chief Jim Farley has sounded the alarm on the increasing sophistication of the Chinese auto industry – but he’s got a ...
Automotive News17h
Ford, Kia gain some traction in revamping China operations
Most global automakers, unable to match or catch up with China’s rapid shift to electrified vehicles, and losing market share ...
Autoblog2d
Ford CEO says the Chinese EV industry is biggest threat to his business
Ford’s CEO Jim Farley first sounded the warning back in May, after his visit to China, but it’s been quietly happening in ...
Ford CEO Says Rise of China’s Car Industry Reminds Him of Japan and Korea
Jim Farley says that Ford and other American automakers now face their greatest challenge as Chinese EVs take over markets ...
50% Of New Car Sales In China Are Electric — But In The US, It's Only 10%: Are Protectionist Policies Widening The Gap?
Biden admin imposed tariffs on Chinese goods, including 100% tax on electric vehicles. Protectionist policies aim to boost US ...
Electrek11h
Europe’s first AWD electric pickup is here: It’s from China and it gets +250 miles range
Chinese automaker Maxus launched Europe’s first AWD electric pickup, beating Toyota, Ford, and several others to the market. The ...
The Information3d
Three-Quarters of Ford’s EV ‘Skunkworks’ Are Tesla, Apple and Rivian Alums
In a call with Wall Street analysts in February, Ford CEO Jim Farley and Chief Financial Officer John Lawler detailed the ...
Automotive News6d
Ford will tap closed India factory to export
Ford will likely use the Indian plant, a source of low-cost production, to export to key markets, and possibly China, where ...