Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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‘The Most Humbling Thing I’ve Ever Seen’: Ford CEO On China’s Car Industry (insideevs.com)

submitted 5 days ago by [email protected] to c/[email protected]

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Ford CEO Jim Farley said Chinese cars have "far superior" technology, lower costs and great quality.

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[–] [email protected] 11 points 5 days ago (2 children)

Correct but the Chinese are winning, we got dicks in our hands and nothing else to show besides national debt at 100k per head

We started in stronger position too...

Where did all the money go?!?

[–] [email protected] 3 points 3 days ago

Don't forget about cheap labor over there, economies of scale with the large Chinese market, and with a very different regulatory environment. The American auto industry has an uphill battle ahead of them.

Not to excuse the lack of innovation here, I personally blame the trend of wealth extraction for executive pay and shareholder returns at the expense of long term thinking and reduced R&D spending.

[–] [email protected] 7 points 5 days ago

Oh 100% i agree. And we know where the money went. Just look at how many more billionaires there are these days