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Ford CEO Jim Farley: "I drive a Xiaomi & don't want to give it up"
1 year ago
32
Jim Farley, CEO, Ford, to his credit, gave honest analysis of China's EV industry:
1. China's EVs are not a fluke but in the making decades earlier.
2. China dominate in combustion engine vehicles too.
3. EVs are not a fluke but improved technology.
4. Chinese battery tech is years ahead of everyone. Unlike western counterparts, are not fire hazard.
5. Ford, US automotive industry is so far behind, they've had to create skunkworks to try & catch up.
6. Second opinion: Kevin Walmsley, business exec in China: https://youtu.be/1LOgURuanrU
Credit & full vid: https://youtu.be/PGx7AyD9okg
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