Ford CEO calls out NIO and Tesla as the competition ‘it must beat,’ denies rumors of splitting ICE and EVs into separate businesses
February 24, 2022
Ford’s Chief Executive Officer, Jim Farley, recently spoke during a virtual auto tech conference held by Wolfe Research, in which he spoke about Ford’s plans for the future. During the webcast, the Ford CEO specifically named Tesla and NIO as its biggest competitors, vowing to beat them. He also denied previously reported rumors about Ford’s plans for spinoffs to increase value.
Ford Motor…