Gurley reports Ford CEO Farley shipped a Xiaomi car to Chicago and made extreme statements after driving it.
“And he insisted they ship him one back to Chicago, and he's been driving it around. And he's made some pretty extreme statements after having experienced Xiaomi.”
Gurley quotes Ford CEO Farley saying Chinese vehicle quality is far superior and Ford's future depends on competing.
“And he says even beyond that, their cost, their quality of vehicles is far superior to what I see in the West.”
Gurley quotes Ford CEO saying Chinese vehicle cost and quality are far superior to the West.
“And he says even beyond that, their cost, their quality of vehicles is far superior to what I see in the West. We are in a global competition with China, and it's not just EVs.”