Ford CEO is addicted to Chinese cars, lamenting that American automakers together are no match

On September 30, Jim Farley, CEO of Ford Motor Company, stated that China has completely dominated the global electric vehicle industry, and American automakers have no real competitiveness.

He bluntly pointed out: China is the 700-pound gorilla in the electric vehicle industry, and neither Tesla, General Motors nor Ford can stand up to it.

Farley himself has long driven Xiaomi electric vehicles, praising their performance and experience, even saying he doesn't want to give them up.

A CEO of a multinational automaker openly supporting a competitor in public not only demonstrates the strength of Chinese electric vehicles, but also reflects the deep anxiety of the American automotive industry.

Looking back, American automakers were once symbols of global industrialization. From the Model T to Mustang, from big horsepower V8s to multinational giants, for a century, America led the global automotive industry in technology and voice.

But now, in this key transformation direction of electric vehicles, America has encountered an unprecedented gap.

On one hand, Chinese automakers have achieved breakthroughs in multiple key areas such as batteries, three-electric systems, smart cabins,整车 manufacturing, and software architecture, and have completed high-quality mass production at extremely low costs.

On the other hand, American domestic automakers generally rely on external supply chains, with long product development cycles, poor system integration capabilities, and significantly lagging intelligent levels.

Even the most representative Tesla now faces pressure in the Chinese market, with its market popularity being suppressed by BYD.

And Ford and General Motors have advanced slowly in the field of electric vehicles, with high product prices, single functions, and poor user feedback. Farley's words actually reflect a harsh reality: the American industrial system can no longer adapt to the competition logic of the electric vehicle era.

If in the past, American automakers could maintain market share by relying on brand, channels, and policy factors, then now they have also gradually lost their technological glamour. China has completed a full chain, self-reliant electric vehicle industrial loop. While America remains trapped in an old industrial system characterized by high costs, low efficiency, and slow response.

Original: www.toutiao.com/article/1844768292067466/

Statement: This article represents the views of the author.