“They developed very quickly, and they developed them in large scale. And now they’re exporting them. They’re not here [yet] but they’ll come here, we think, at some point we need to be ready, and we’re getting ready, Ford said on thePreviously, Ford CEO Jim Farley had said last month that its biggest competitors in the electric vehicle market area not General Motors or Toyota, but Chinese makes such as BYD, Geely, SAIC and Great Wall.
“To beat them, you either have to have a very distinct brand, which we think we do, or you have to beat them on cost.
The American manufacturer unveiled the Mustang Mach-E in November 2019, notably applying the famous model nameplate for its fully electric crossover. Another combustion engine staple, the
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