Ford CEO's Shocking EV Revelation

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Recorded11 Nov 2025

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Show notes

Ford CEO Jim Farley shares a game-changing revelation: after examining competitor vehicles, hes shocked by the rapid innovation in electric vehicles, particularly from Chinese manufacturers. This discovery prompts Ford to re-evaluate its strategy, leading to the establishment of a new division, Model E, dedicated to EV innovation. Despite significant losses, Ford increases investments, aiming to create an affordable electric pickup truck by 2027. Farley emphasizes the strategic importance of electric vehicles for Fords global presence, vowing not to concede the market to Chinese competitors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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