Transition to Electric Vehicles (EVs) is happening faster than Predicted
Ford CEO Jim Farley admits that the transition to electric vehicles (EVs) is happening faster than predicted, with China and Europe leading the way.
Farley mentions the possibility of getting closer to Tesla and acknowledges Tesla’s success.
Ford CEO emphasizes the importance of improving charging infrastructure and acknowledges the work they need to do in that area.
The transcript highlights Ford’s recognition of the importance of software in EVs and their focus on making affordable EVs with a good digital experience.
The transcript also mentions Ford’s goal of producing one-third of their vehicles as electric by 2025, but acknowledges that Ford may not be able to catch up to Tesla’s level of success
Credit to : Tesla And Other Stuff
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