'We Should Not Let Them Into Our Country': Ford CEO On Chinese EVs
Briefly

'We Should Not Let Them Into Our Country': Ford CEO On Chinese EVs
""We should not let them into our country. Manufacturing is the heart and soul of our country. For us to lose that to those exports would be devastating for our country.""
""There's no way this is a fair fight. They have enough capacity in China to cover all the manufacturing and all the vehicle sales in the United States.""
""Their local market is 29 million, their capacity in their country for making cars is over 50 million.""
""Chinese vehicles have cameras that can collect a lot of data, raising cyber and privacy risks that the U.S. government agrees with.""
Ford CEO Jim Farley warns against allowing Chinese electric vehicles (EVs) into the U.S. market, citing potential devastating impacts on American manufacturing. He emphasizes that manufacturing is crucial to the U.S. economy and that Chinese EVs, heavily subsidized and cheaper to produce, could undermine local manufacturers. Farley highlights the significant production capacity in China and the risks associated with data collection from Chinese vehicles. The U.S. government shares these concerns, reflecting a broader apprehension about the influx of Chinese imports.
Read at insideevs.com
Unable to calculate read time
[
|
]