Ford Motor(US:F) Huan Qiu Wang·2025-09-30 07:51Group 1 - The CEO of Ford, Jim Farley, stated that Chinese automakers dominate the global electric vehicle (EV) market, and the competitive strength comparison between Chinese and American automakers is "not comparable" [1][3] - Farley referred to the competitive landscape in the EV industry, describing China as a "700-pound gorilla," indicating that American companies like Tesla, General Motors, and Ford cannot compete effectively with Chinese firms [3] - Farley has previously expressed concerns about China's advancements in the EV sector, noting that 70% of the world's electric vehicles are manufactured in China, with superior cost and quality compared to Western counterparts [3] Group 2 - According to data from the China Association of Automobile Manufacturers, in the first half of this year, China's new energy vehicle production and sales reached 6.968 million and 6.937 million units, respectively, representing year-on-year growth of 41.4% and 40.3% [4] - The market share of new energy vehicles in China's total vehicle sales reached 44.3% [4] - In Europe, the sales of Chinese electric vehicles increased by 47.5% in June, achieving a market share of 5.5%, and by the end of July, the registration of Chinese electric vehicles in Europe grew by 91%, nearly doubling their market share to 5.1% [4] Group 3 - In contrast, the growth rate of electric and hybrid vehicle sales in the U.S. has been slower, increasing from 12% of light vehicle sales at the beginning of 2022 to 20% by the end of the year [4] - High inventory levels of electric vehicles at U.S. dealerships indicate a potential cap on market demand [4] - The U.S. Congress is moving to eliminate tax credits for electric vehicle purchases to allocate funds for other priorities [4]