Jim Farley

Ford Plans to Challenge Tesla to Become Top EV Maker in the World: CEO

Ford CEO Jim Farley took the stage on Tuesday at a launch event for the F-150 Lightning, the veteran automaker’s first-ever all-electric pickup truck. Farley also touched upon Ford’s future during the event, reiterating that the company plans to produce 2 million electric vehicles (EVs) per year by 2026 and eventually challenge Tesla for the […]

Ford Wants to Beat Tesla and NIO, Won’t Spin Off EV Business: CEO

Speaking at the Wolfe Research Global Auto, Auto Tech, and Mobility Conference on Wednesday Ford CEO Jim Farley said the veteran automaker plans to “beat” electric vehicle (EV) pioneer Tesla, not “match” it in production and sales. “We know our competition is NIO and Tesla, and we have to beat them, not match them,” Farley […]

Ford Plans to Double EV Production to 600,000 in Two Years, Says CEO

According to Automotive News, Ford has announced plans to double its projected global electric vehicle (EV) production to 600,000 units within the next 24 months. If Ford succeeds in doing so, the veteran automaker will become the No. 2 manufacturer of EVs in the U.S., behind only Tesla. According to Ford CEO Jim Farley, the carmaker […]