Ford CEO Jim Farley recently shared his insights on the future of electric vehicles, the city of Detroit, and the collaboration with Tesla’s Elon Musk in an interview with Autoblog. Farley, who took over as CEO of Ford in October 2020, has been vocal about the company’s commitment to electrification and sustainability.
One of the key takeaways from Farley’s interview was Ford’s ambitious plans for electric vehicles. The company has committed to investing $22 billion in electrification by 2025, with the goal of having 40% of its global vehicle volume be fully electric by 2030. Farley emphasized that Ford is not just focused on building electric vehicles, but also on creating a seamless charging infrastructure and providing a great customer experience.
Farley also discussed the importance of Detroit in Ford’s future plans. He highlighted the city’s rich history in automotive manufacturing and its potential to become a hub for electric vehicle production. Ford recently announced plans to invest $850 million to build a new electric vehicle manufacturing plant in Detroit, which will create over 2,000 new jobs in the area.
In addition, Farley touched on Ford’s collaboration with Tesla’s Elon Musk. While Ford and Tesla are competitors in the electric vehicle market, Farley praised Musk for his vision and innovation in the industry. He mentioned that Ford has been in talks with Tesla about potential collaborations, such as sharing technology and working together on charging infrastructure.
Overall, Farley’s insights provide a glimpse into Ford’s vision for the future of electric vehicles and its commitment to sustainability. By investing in electrification, building new manufacturing plants in Detroit, and exploring collaborations with industry leaders like Elon Musk, Ford is positioning itself as a key player in the rapidly growing electric vehicle market.
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- Source: https://zephyrnet.com/ford-ceo-on-the-future-of-evs-detroit-and-his-relationship-with-teslas-elon-musk-autoblog/