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Ford Execs Shaken After Secret Chinese EV Test Drive: ‘They’re Ahead of Us’
Ford bosses test drove a Changan SUV while evaluating Chinese competition last year. CFO John Lawler reportedly told CEO Jim Farley that the Chinese “are ahead of us.” This revelation comes shortly after Ford pulled back on some of its ambitious EV plans.
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.
Ford boss warns Chinese EVs are an “existential threat”
A trip to China to visit its joint-venture partner was an eye-opening experience for Ford's CEO, who now sees the nation's electric vehicles as a threat.
Ford’s (NYSE:F) Startling EV Admission, “These Guys are Ahead of Us”
Back in 2023, a downright frightening thing happened while Ford’s ($F) CEO, Jim Farley, and CFO John Lawler test drove a Chinese-made electric
24/7 Wall St
3d
Ford’s EV Struggles: A Reality Check on Electric Ambitions
Key Points: F-Series pickups account for 38% of Ford’s U.S. sales, far outpacing EV sales. Ford is heavily incentivizing EV ...
The Information
2d
Three-Quarters of Ford’s EV ‘Skunkworks’ Are Tesla, Apple and Rivian Alums
In a call with Wall Street analysts in February, Ford CEO Jim Farley and Chief Financial Officer John Lawler detailed the ...
Fleet Owner
14h
Ford Pro leaning on charging partnerships to grow fleet EV adoption
CFO Navin Kumar said many fleets have been 'more methodical and deliberate' than expected as fleets still focus on EV ...
Torque News
50m
People Who Own GM EVs, Like the 2024 Chevrolet Equinox EV, Can Finally Buy Adapters to Use the Tesla SuperChargers
This is a huge step that will help all GM EV owners. GM announced that the $225 adapters will give owners access to the Tesla ...
Automotive News
5d
Ford, utility team up to pay EV owners for using less power
Ford is the first automaker to participate in a Southern California Edison program that pays customers $1 per kilowatt-hour ...
14h
BMW, Ford and Honda Name CEO of EV-Grid Integration Joint Venture
BMW, Ford and Honda said Wednesday they started operations of their equally-owned joint venture ChargeScape, and appointed Joseph Vellone as its first chief executive officer.
13d
Why Volvo Is Joining Ford And GM In Cutting 2030 EV Production Targets
Major global automakers are rethinking their electric vehicle production targets in light of challenging market conditions.
24/7 Wall St
12d
Ford's Terrible Mustang EV Sales
Ford had high hopes for electric vehicle (EV) sales, but it has had a hard time pushing its Mustang Mach-E to an uninterested ...
12h
Ford Faces Challenges: Will It Rebound?
Ford adjusted its EV strategy, increasing investments but lowering production targets due to demand and supply challenges. Read more on F stock here.
AutoExpress
2d
Why the all-new Ford Explorer is the right EV for you
The new all-electric Ford Explorer is a true pioneer; the first of a band of bold, iconic EVs from the famous Blue Oval that ...
Paul Tan
21h
Ford Ranger PHEV debuts – 2.3 litre EcoBoost petrol turbo, 45 km EV range WLTP; 3,500 kg towing capacity
The Ford Ranger now gains an electrified powertrain variant with the Ranger PHEV, which has made its global debut in Germany.
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