Posted by admin

This Ford News has created quite a ripple in the market as the Ford CEO, Jim Farley, is finally opening up about issues he sees in the industry. This also comes at a time when Mary Bara, the CEO of GM, also confirmed her thoughts that they won't be able to make a profit from EVs until at least 2030. Whether these revelations being made by CEOs of legacy automakers are true or not, the fact is that Tesla, the industry leader is able to make a profit, and they use the same materials. But,t he truth is that EVs are expensive for consumers, and there is a significant need for the price of new electric cars to come down before we can see wider adoption of the technology across the globe. Can we find a better technology? The Ford CEO is brutally honest about this.