Guessing Headlights (March 3)
“The rise of Chinese EVs has never been more apparent. Chinese automakers were once seen as emerging players, but it has now reshaped global competition with its dominance across the world.” Marking “a historic tipping point in the global transition to electric mobility,” in 2025, China was able to surpass “50% EV sales share for the first time… reaching around 12 million units and overtaking internal combustion engine (ICE) vehicle sales for the first time.”
Tags: 12 million units, 2025, Automakers, China, Dominance, Electric mobility, Emerging players, EVs, Global competition, Internal combustion, Reshaped, Tipping point, Transition, Vehicle sales
Inside EVs (June 30)
Ford CEO Jim Farley is impressed with China’s electric vehicle industry. Speaking at the Aspen Ideas Summit, he said, “it’s the most humbling thing I’ve ever seen.” He recognizes that EVs in China are far more advanced, “They have far superior in-vehicle technology.” American technology “in most cars amounts to a media player, a navigation system and maybe some smart cruise control. China has pushed the envelope far beyond that.” They also offer a better price and better quality than U.S. cars. “Their cost, their quality of their vehicles is far superior to what I see in the West” said Farley who added, “We are in a global competition with China…. And if we lose this we do not have a future at Ford.”
Tags: Advanced, Aspen Ideas Summit, CEO, China, EV, Farley, Ford, Future, Global competition, Humbling, Impressed, Price, Quality, Technology, U.S.
