{"id":1950599,"date":"2023-06-18T19:44:02","date_gmt":"2023-06-18T23:44:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-chairman-says-us-cant-yet-compete-with-china-on-evs-cnn-interview\/"},"modified":"2023-06-18T19:45:09","modified_gmt":"2023-06-18T23:45:09","slug":"ford-chairman-says-us-cant-yet-compete-with-china-on-evs-cnn-interview","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-chairman-says-us-cant-yet-compete-with-china-on-evs-cnn-interview\/","title":{"rendered":"Ford chairman admits US cannot currently rival China in EV production \u2013 CNN interview"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fford-chairman-says-us-cant-yet-compete-with-china-on-evs-cnn-interview%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1950599&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Ford Chairman: US Not Yet Ready to Compete with China in Electric Vehicle Production<\/strong><\/p>\n<blockquote>\n<p>\u201cThey developed very quickly, and they developed them in large scale. And now they\u2019re exporting them,\u201d Ford told CNN\u2019s \u2018Fareed Zakaria GPS\u2019 Sunday program. \u201cThey\u2019re not here but they\u2019ll come here we think, at some point, we need to be ready, and we\u2019re getting ready,\u201d Ford said.<\/p>\n<\/blockquote>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>In February, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-chairman-says-us-cant-yet-compete-with-china-on-evs-cnn-interview\/\" title=\"Ford chairman admits US cannot currently rival China in EV production \u2013 CNN interview\">automaker announced plans<\/a> to invest $3.5 billion to build an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/siemens-signs-deal-to-supply-equipment-for-gigafactories-jv\/\" title=\"Siemens signs deal to supply equipment for gigafactories JV\">electric vehicle battery plant<\/a> in Michigan in a deal which involved using technology from Chinese battery company CATL, attracting attention from U.S. Senator Marco Rubio who asked the Biden administration to review the deal.<\/p>\n<p>Bill Ford, who is the great-grandson of company founder Henry Ford, said in the program that the Michigan battery plant is a chance for Ford engineers to learn the technology and then use it themselves.<\/p>\n<p>\u201cIt (Michigan) is a wholly owned Ford facility. They\u2019ll be our employees, and all we\u2019re doing is licensing the technology. That\u2019s it.\u201d he said. <\/p>\n<p>Ford CEO Jim Farley said in May that Chinese electric vehicle makers are its main rivals in the sector, and that Ford needs distinctive branding or lower costs to beat Chinese automakers.<\/p>\n<p>\u201cI think we see the Chinese as the main competitor, not GM or Toyota. The Chinese are going to be the powerhouse,\u201d he said.<\/p>\n<\/p>\n<p> (Reporting by Rishabh Jaiswal and Bharat Govind Gautam in Bengaluru; editing by Diane Craft)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/ford-chairman-says-us\/attachment\/ford-motor-to-build-3-5-billion-electric-vehicle-battery-plant\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Bill Gates Meets with China&#8217;s Xi Jinping Amid Rising Tensions<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>California Proposes Considering Gender Identity in Child Custody Disputes<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Week in Review: Major Headlines in the US and Around the World<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Los Angeles Dodgers&#8217; Owner Salutes Sisters of Perpetual Indulgence<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Moscow Court Fines Yandex for Refusing to Provide Information to Federal Security Service<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Tech Entrepreneur Ian Hogarth to Head British Government&#8217;s New Taskforce<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Intel to Invest $25 Billion in New Factory in Israel<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Binance Issues Cease and Desist Order to &#8220;Binance Nigeria Limited&#8221;<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>be here soon, and we need to be ready.\u201d Ford acknowledged China&#8217;s rapid development and large-scale production of electric vehicles, emphasizing the need for the United States to catch up in order to compete effectively. He highlighted China&#8217;s export of electric vehicles and stressed the importance of being prepared for their arrival in the US market.<\/p>\n","protected":false},"author":66,"featured_media":1950600,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[5216,3879,4501,9373,8411,6234,4757,3618,8671],"class_list":["post-1950599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-admits","tag-chairman","tag-china","tag-cnn","tag-ford","tag-interview","tag-production","tag-riot","tag-rival"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1950599"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1950599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1950600"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1950599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1950599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1950599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}