{"id":2727,"date":"2024-09-18T21:09:00","date_gmt":"2024-09-18T21:09:00","guid":{"rendered":"https:\/\/skytoprover.com\/?p=2727"},"modified":"2024-09-19T14:32:00","modified_gmt":"2024-09-19T14:32:00","slug":"ford-execs-shaken-after-secret-chinese-ev-test-drive-theyre-ahead-of-us","status":"publish","type":"post","link":"https:\/\/skytoprover.com\/index.php\/2024\/09\/18\/ford-execs-shaken-after-secret-chinese-ev-test-drive-theyre-ahead-of-us\/","title":{"rendered":"Ford Execs Shaken After Secret Chinese EV Test Drive: \u2018They\u2019re Ahead of Us\u2019"},"content":{"rendered":"
Just a few years ago, hardly any industry experts would have predicted that Chinese car manufacturers would be regularly cranking out some of the most compelling and technologically advanced EVs<\/a> on the market. And yet, that\u2019s precisely what is happening. This reality hit Ford CEO Jim Farley and CFO John Lawler like a ton of bricks last year, leaving them in shock at just how fast China has caught up\u2014and, in many cases, overtaken Western automakers.<\/p>\n var adpushup = window.adpushup = window.adpushup || {que:[]}; adpushup.triggerAd(“6a782b01-facb-45f3-a88f-ddf1b1f97657”); Ford has had a strong presence in China<\/a> for many years and in early 2023, Farley and Lawler flew to the country to experience an electric SUV from Changan Automobile, a local firm with which the Blue Oval has a joint venture. A recent story from The Wall Street Journal<\/em> says that Farley jumped behind the wheel, with Lawler in the passenger seat. They were both very impressed with what they discovered.<\/p>\n Read: Ford Says It Will Launch A $30k EV By 2027, And Make A Profit On It<\/a><\/strong><\/p>\n \u201cJim, this is nothing like before,\u201d Lawler reportedly told Ford\u2019s CEO. \u201cThese guys are ahead of us.\u201d The publication has made no mention of the specific Changan<\/a> model that the duo drove, but it was apparently impressive enough that Farley told Ford board member and ex-Goldman Sachs executive John Thornton that \u201cthis is an existential threat,\u201d the WSJ<\/a> report says.<\/p>\n window._taboola = window._taboola || []; window._taboola = window._taboola || []; Tariffs on Chinese-made EVs should help to somewhat shield Ford from the wave of electric cars emerging from the East. However, despite knowing about just how good cars in China have become, Ford is still taking its expansion into the electric car industry cautiously.<\/p>\n
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