Ford CEO Jim Farley says dismantling Tesla and Chinese electric vehicles was a “shocking” experience that forced him to rethink Ford’s future. Speaking on the Office Hours: Business Edition podcast, Farley admitted the teardown revealed rivals’ superior efficiency, design, and cost structures.
Contents
Ford CEO says Tesla and Chinese EVs Exposed Weakeness
He stressed that the rapid rise of Chinese EV makers means Ford cannot afford to “walk away from EVs.” The exercise became a turning point, spurring an overhaul of Ford’s operations and strategy. Farley framed the moment as a wake-up call, underscoring the urgency for Ford to adapt quickly in order to remain competitive in the global EV race.
Read the original article on Business InsiderFollow us on:
Read More News at #latestmalaysia #BusinessNews and #WorldFuture
