Ford's EV Shock: Lessons from Tesla & China

Fords CEO, Jim Farley, shares a game-changing revelation: disassembling Tesla and Chinese EVs exposed Fords EV tech gap. This led to a strategic overhaul, including a new electric vehicle division, Model E. Despite financial losses, Farley stands by the decision, warning of Chinese EVs superiority and affordability. Ford is now shifting its EV strategy to meet US demand for affordable models, planning a new electric truck for 2027.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.