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.
www.businessinsider.com
"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.
  • satanmat@lemmy.world
    11·
    2 days ago

    Jim, this is nothing like before," Lawler told Farley, per The Journal. “These guys are ahead of us,” Lawler added. Farley’s fears were piqued again in May when he made another trip to China, The Journal reported. “John, this is an existential threat,”

    Tl;dr

  • ericjmorey@lemmy.worldEnglish
    3·
    2 days ago

    Time to start pushing for EV subsidies from Congress for real.

    Elon was already aware of the global landscape and chose Trump as the conduit for government support of the EV market.