Search
Ford CEO Admits Setback: R&D Falls 25 Years Short of China’s Lead, Struggles to Rival BYD
10 hour ago /
Read about 0 minute
Author：小编
In a recent interview, Ford Motor’s CEO, Jim Farley, openly acknowledged that Ford’s current research and development (R&D) framework trails the industry standard by a staggering 25 years. This gap, he admitted, has left Ford unable to manufacture cost-effective electric vehicles (EVs) that can compete in today’s market, particularly against Chinese rival BYD. Farley highlighted BYD’s success in achieving full vertical integration across its battery supply chain—a move that has slashed its battery production costs by 30% compared to the batteries Ford sources from CATL.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
