Félix Remírez's picture

Organización: 

Mondragon Assembly

Cargo: 

jubilado

Localización: 

Orange

Ford CEO Jim Farley: Smaller, profitable EVs are nonnegotiable; UAW 'relationship has changed'

Ford Motor Co. CEO Jim Farley on Thursday said the shifting market for electric vehicles has made it tougher to predict the profitability of those models but that the automaker needs to develop smaller EVs that can make money quickly.

"I've been in the prediction business in the EV business; it hasn't been a great journey," Farley said during the Wolfe Research Global Auto Conference in New York. "It feels great in the moment to say, 'it's 2027,' or whenever it is, but it's not reality anymore."

China is quietly reducing its reliance on foreign chip technology

From consumer gadgets to cars, China has time and again shown a knack for emulating cutting-edge foreign technology. Yet the semiconductors that power the digital economy have proven trickier to master. That has been the source of much anxiety among its political and business elites in recent years.

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