Fords Says US Isn’t Ready for EV Market Fight with China

June 22, 2023 10:23:59

Ford’s top honcho has issued a warning that the United States is not ready to fight with China over the production of electric vehicles. The chairman of Ford, Bill Ford, said that the company is now mobilizing all resources to prepare for an influx of imports from abroad. He also mentioned how swiftly the electric vehicle market in China had expanded. Ford asserted that Chinese automakers created electric vehicles quickly and on a massive scale, and are currently offering the vehicles for export.

With international sales of Chinese-made cars increasing threefold from 2020, reaching more than 2.5 million vehicles in 2022, China is on…

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