Source: Global Times

[Global Times Technology Comprehensive Report] June 30th news, according to foreign media reports, Ford's CEO Jim Farley recently stated that the Chinese electric vehicle industry poses a serious threat to this American automaker.

Farley said that he has visited China six or seven times in the past year. "This is the most embarrassing thing I have ever seen. 70% of the world's electric vehicles are made in China," Farley said. "They have more advanced in-vehicle technology. Huawei and Xiaomi are in every car. Once you get in the car, you don't need to pair your phone. Your entire digital life will automatically appear in the car."

Farley believes that one of the reasons Ford cannot provide similar products is that tech giants like Google and Apple "decided not to enter the automotive industry." "In addition, the cost and quality of Chinese electric vehicles are far superior to what I have seen in the West."

He added, "We are competing with China on a global scale, and it's not just electric vehicles. If we lose this competition, Ford's future will be over."

This is not the first time that Farley has praised his Chinese competitors. Last year, Farley said that Xiaomi is "a much stronger industry giant and consumer brand than an automobile company." (Sihan)

Original article: https://www.toutiao.com/article/7521654505981723186/

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