Tag: Jim Farley
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China’s Global Car “Blitzkrieg”: 6 Million Exports Set to Shake the Auto Industry
Ford Motor CEO Jim Farley recently returned from one of his regular visits to China and warned his team at the company's headquarters in Dearborn, Michigan, that the venerable automaker faces an "existential threat" from Chinese automakers. Farley should be ...
Ford Teams Up With Chinese, Indonesian Companies in Nickel Venture
The Ford Motor Company is teaming up with Indonesia's PT Vale and Chinese mining giant Zhejiang Huayou Cobalt to buy the Pomalaa nickel processing plant in Indonesia. The $4.5 billion venture deepens the U.S.-automaker's stake in the battery metal supply chain in ...
Ford’s CEO is Unhappy with China and the DRC’s Control Over EV Supply Chain
Ford chief executive Jim Farley said the cost of electric vehicles remains too high, in part because of the cost of importing key raw materials like cobalt from the Democratic Republic of the Congo and relying on batteries made in China. Instead, Farley called for both to ...





