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Badar Shaikh

Ford CEO Jim Farley Praises Chinese EVs Amid Affordable EV Platform Plans: 'It's The Most Humbling Thing'

Ford Jim Farley China

Ford

Ford Motor Co. (NYSE:F) CEO Jim Farley has hailed Chinese EVs as competition from Chinese automakers gets stiffer throughout the globe.

What Happened: "It’s the most humbling thing I have ever seen. Seventy percent of all EVs in the world, electric vehicles, are made in China," Farley said at an event, Yahoo Finance reported on Monday.

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