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CNN Interview: Ford Chairman Says US Can't Yet Compete With China on EVs

19 Jun 2023 | Abstracted from US News

"...United States was not ready yet to compete with China in the production of electric vehicles.

[Chinese carmakers] not here but they'll come here we think, at some point, we need to be ready, and we're getting ready...

[Ford] "plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan in a deal which involved using technology from Chinese battery company CATL..It (Michigan) is a wholly owned Ford facility..."



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