Ford CEO Has Been Driving a Xiaomi EV for 6 Months and ‘Doesn’t Want to Give It Up’
Ford CEO Jim Farley said in a recent podcast interview that he’s been driving an electric vehicle made by Chinese electronics company Xiaomi and “doesn’t want to give it up.” The model, the Xiaomi SU7, looks similar to a Porsche Panamera sedan and starts at about $30,300, with the top-of-the-line variant going for about $42,100.
Ford and LG will move production of EV batteries for the Ford Mustang Mach-E to their Michigan facility in 2025.
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Ford's Third Quarter Revenue Was $43.8 Billion Last YearFord had revenue of $48.3 billon in the third quarter of last year. That needs to improve for its shares to rally.
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