Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
Ford's CEO and CFO took a drive in a Chinese EV. What they said next 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.
Paywall removed: https://archive.is/RhhWh
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
Don’t post this kind of clickbait shit.
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.