Part 3/9:
Ford's Strategic Moves
To counter this imbalance, Farley mentioned that major automakers, including Ford, Tesla, and General Motors, are turning to collaborations with CATL, the leading Chinese battery manufacturer. In hopes of leveling the playing field, these companies plan to establish battery factories in the United States utilizing CATL's innovative lithium iron phosphate (LFP) technology. However, political frictions complicate these efforts as both Democratic and Republican leaders express reservations about foreign involvement in manufacturing.