Loading ...Ford CEO reveals EV reality: America ‘cannot continue to import’ batteries, earth minerals
Ford builds EV plant in Tennessee despite $3B profit loss expectation for 2023
“We’re willing to invest,” Farley continued, “but we have to have people in partnership with government that’s going to improve mines, improve processing. These sites are really important. We can build all the plants, but what’s the good if we’re importing batteries?”
If he was dealing with reality he wouldn’t be building an EV plant at all. Perhaps it is easily converted to an IC factory, and he’s getting oodles of government money.