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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Ford loses more than six figures on every EV that it sells, but that hasn’t tempered CEO Jim Farley’s ambitions. Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Images: Ford] Become a& TTAC& insider.

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Ford to Offer Chinese Version of Mustang Mach-E

The Truth About Cars

Ford announced that a Chinese version of the Mustang Mach-E, also known by some of us cynical scribes as the Mustang Mock-E, will be built in China by Changan Ford. The post Ford to Offer Chinese Version of Mustang Mach-E appeared first on The Truth About Cars. It had to happen.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. Image: Ford] Become a& TTAC insider.

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Ford to Pull Back On Future Chinese Investments

The Truth About Cars

Ford will be scaling down future investments in China, as the company’s chief executive has suggested that there will be “no guarantee” Western automakers can compete with local electric-vehicle rivals. But it also speaks to hardships Ford has endured while trying to break into the market. Ford seems laser-focused on margins right now.

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Chinese Smartphone Company Previews First EV

The Truth About Cars

Chinese automotive designs have been impressively derivative for ages , so pointing that out probably won’t change anything. But we haven’t seen anything so obviously influenced by another car design since the second-generation Ford Fusion (fourth-gen Mondeo) came out wearing a face that clearly possessed some Aston Martin DNA.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of.

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Polestar is Cooking Up a Smartphone for the Chinese Market

The Truth About Cars

Tesla, Ford, General Motors, and most luxury brands offer broad product lines in the country, and that includes Volvo and Polestar, both owned by Chinese auto giant Geely. That relationship with China gives the automakers the ability to offer unique products there, and Polestar’s latest innovation is a great example.

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