The General Director of the Blue Oval made several frank statements in an conversation with The New York Times. Jim Farley made it clear: China is ahead of the United States for ten years in the production of batteries for electric cars, and the only chance of Ford to start competing with Chinese stamps, and then break forward is to use the intellectual property of the PRC.
Jim Farley emphasized that it is possible to prevent threats from the Chinese auto industry only if you use the technical knowledge and experience of China. The Ford boss recalled that 20 years ago, companies from the Middle Kingdom needed US intellectual property, but now the opposite is true. The top manager called the upcoming race “Battle for Saving American Industry.”
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Jim Farley talks about the construction of a factory for the production of lithium-fox-pharmacy batteries for a license from the Chinese giant Catl. Gigatric can open in 2026, if US sanctions do not intervene. Probably, the frankness of the Ford top manager is explained by the fact that a joint project for $ 3.5 billion is at risk.
It is curious that initially LFP batteries came up with the University of Texas, and commercialized technology in the USA during Obama. However, the American startup for the production of batteries for electric cars went bankrupt, and the Chinese bought out the developments for nothing. Now the Celestial Empire controls 83% of the production of lithium-yelzo-phosphate batteries, and it is almost impossible to make a cheap electric car without Chinese technologies.
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