Ford is betting China will beat the US and dominate the electric car market

Ford is betting China will beat the US and dominate the electric car market

Ford is making significant investments in the Chinese market. Kamran Jebreili / AP Ford executive chairman William C. Ford Jr. said China will be the best market to develop and sell electric vehicles. The Chinese and Beijing governments are making investments and regulations that encourage electric vehicle production. Ford’s research also found that Chinese consumers are less fearful of the potential problems electric cars could introduce than some of their international counterparts. Once criticized for their lack of innovation, American car companies are making heavy investments in electric and autonomous cars. But Ford executive chairman William C. Ford Jr. […]

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