
Jim Farley sees China's Nio and Tesla as Ford Motor Company's main rivals, the CEO said earlier this week.
Speaking at the Wolfe Research Global Auto, Auto Tech, and Mobility Conference webcast on February 23, Farley offered an insight into the future of the 118-year-old automaker, refuting recent speculation about Ford splitting its operation into two separate companies— one for EVs and the other for traditional internal combustion engines.