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Benzinga
Benzinga
Business
Shanthi Rexaline

Ford CEO Jim Farley Sees These 2 Companies As Rivals In EV Race (Hint: GM Isn't Among Them)

Ford Jim Farley GM NYSE Ford Motor Company Tesla Inc.

Ford Motor Company (NYSE:F) is pursuing the electric vehicle market with increased momentum and investment and is hoping to deliver 600,000 EVs within the next 22 months.

Ford's 2 EV Favorites: Even as Ford steps on the gas pedal, CEO Jim Farley told Yahoo Finance Live that he admires EV giant Tesla Inc (NASDAQ:TSLA) and Chinese EV startup Nio Inc - ADR (NYSE:NIO) for their commitment and hard work toward making a name for themselves in the EV sector.

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