Communist China is becoming the biggest competitor to the American auto industry.
But what’s happening in this brewing conflict is shocking.
And Ford’s CEO made one confession about China that left Kamala Harris speechless.
Ford’s CEO drives a Chinese electric vehicle and loves it
Ford Motor Company has gone all-in on Democrats’ environmental extremist efforts to force every American into more costly, less convenient electric vehicles (EV).
Ford has been trying to transition its company to electric vehicles at breakneck speeds during the Biden Presidency.
But the Detroit automaker’s electric vehicles have struggled to gain traction.
Even Ford’s CEO doesn’t want to drive what his company produces.
Ford CEO Jim Farley admitted on the Everything Electric Show podcast that he’s been driving a Chinese electric vehicle and loves it.
The Detroit automaker imported a Xiaomi SU7 for him, and he’s used it as his daily driver for the last six months.
NEWS: Ford CEO Jim Farley says he’s been driving a Xiaomi SU7 EV for the last 6 months in the U.S.
Ford flew one out from China so he could live with it every day. He said “I don’t want to give it up.
Source: https://t.co/CmMzXTkGB4 pic.twitter.com/olOLse43F2
— Sawyer Merritt (@SawyerMerritt) October 23, 2024
Xiaomi is a Chinese consumer electronics brand and one of the growing number of electric vehicle makers in Communist China.
“I don’t like talking about the competition so much, but I drive the Xiaomi. We flew one from Shanghai to Chicago, and I’ve been driving it for six months now, and I don’t want to give it up,” Farley said.
The fact that Ford’s CEO is touting a Chinese competitor says everything you need to know about the dreadful state of the Detroit automaker’s electric vehicle business.
He’s willing to admit publicly he’s driving a foreign competitor, which is a grave sin in the auto industry.
Ford’s EV business is destroying the company
Communist China largely controls the electric vehicle supply chain due to the nation’s abundance of the rare earth minerals needed to produce lithium-ion batteries.
The Chinese can build electric vehicles cheaper than anyone else in the world because of their supply chain dominance, cheap labor – also known as slave labor in some parts of the Communist nation – and massive government subsidies.
Chinese electric vehicles have begun to dominate markets around the globe.
China’s BYD overtook Tesla as the largest producer of electric vehicles in the world earlier this year.
Ford is fighting a losing battle trying to produce electric vehicles that no one in the United States wants to buy.
Demand for EVs has largely dissipated despite the Biden-Harris regime’s $7,500 tax credit for buying or leasing one.
Farley said after a visit to China earlier this year that the country’s auto industry poses an “existential threat” to Ford.
Ford lost more than $130,000 on every electric vehicle it sold in the first quarter of 2024.
The company has never made a profit on a single electric vehicle it’s sold and has lost billions every year on them.
But Farley is still trying to transform Ford into an electric vehicle company.
He refuses to recognize the reality that most Americans don’t want to buy them.
Instead, he’s fighting a battle against Chinese companies backed by their government that he can’t win.
Tesla founder Elon Musk warned about the threat coming from the Communist Chinese auto industry.
“The Chinese car companies are the most competitive car companies in the world,” Musk told investors on an earnings call earlier this year. “If there are no trade barriers established, they will pretty much demolish most other car companies in the world.”
Chinese companies are preparing to use factories in Mexico as a loophole to enter the American market.
Democrats and Ford’s leadership are marching the automaker toward oblivion over their obsession with electric vehicles.
