Ford CEO Jim Farley's Fascinating 'Take' On Taking On Chinese Car Companies...

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Everything Electric Show

Everything Electric Show

Күн бұрын

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@jorgecintron9674
@jorgecintron9674 Ай бұрын
Holy crap!!! For the CEO of Ford to say he’s been driving a Chinese EV for the past 6 months and he doesn’t want to give it up is just Jaw dropping. I had to rewind it and hear it again. No other CEO would dare say what he just said. I’m shocked! 😳 But, he gets it!!! Well done sir! 👏
@yumingzhao5577
@yumingzhao5577 Ай бұрын
I rewinded too
@yumingzhao5577
@yumingzhao5577 Ай бұрын
I
@milkoowen6800
@milkoowen6800 Ай бұрын
You really need to go to China and see for yourself, so many great cars, xiaomi is just one of them and not even the best one.
@shizhan9094
@shizhan9094 Ай бұрын
Guys, Ford is becoming Xiaomi auto‘s shareholder next
@p46709394
@p46709394 Ай бұрын
According to Sun Tze's Art of War, this kind of general is to be feared of. "know yourself and know your adversary; Be prepared, strategic, and skilled. Shall be undefeated in a hundred battles."
@JohnSean007
@JohnSean007 Ай бұрын
As an ex UK Ford apprentice (now pensioner) I am so pleased to hear Jim Farley speak with such a broad knowledge of his and other companies. A humble guy in the very best meaning of the word. Great interview!
@markgt894
@markgt894 Ай бұрын
Problem is that Ford seem to have given up on Europe. They do not have any interesting vehicles anymore apart from Mustang V8 and Ranger Raptor.
@zes7215
@zes7215 Ай бұрын
wr
@mbn915
@mbn915 Ай бұрын
Oh yes such a great guy, like all ceos, he gives 2 shits about his employees 🤦
@ImLivinSD
@ImLivinSD 28 күн бұрын
Well I guess I disagree as Jim's broad knowledge has nothing to do with keeping the company running but to pus the Green Adjenda. FORD and Jim has swallowed the Green Pill, I guess he does not see what the rest of us see. Ford was alwasy known as the every day common man vehicle, and they built cars for the for the every day common man to afford. FORD has swayed so far from their humble upbringing. I am in the lower middle class and FORD does not want me or my money. They only want to sell 100 K over priced EV's now, it would seem that over loaded, low quality vehicles full of gimmicks bells andwhistles. I personally don't care what FORD does I think they need to go under and rise again post BK and liquidation. I don't see ford surviving. I guess we will see post the new Administration. Every company that goes WOKE goes BROKE ! Stop cowtowing to 5% of society that want's EV's.
@lagrangewei
@lagrangewei 28 күн бұрын
that's the leader we need, one who face reality than to hide in dellusion. I do agree it is concerning that they are retreating from non US market, but its a reality they have to face, even if they design new cars now, it wouldn't be years before they see it on market, and everyday is clicking expenses. the card Ford has at hand is a rather weak deck and he has to try and make the most of it. transition to new technology is always expensive, there need new technology. new tooling, new training. all take money. previously I thought Tesla is in the lead, but Tesla is stuck, it share price is way to high for it ROI. I would say the race we thought is over, may not be over just yet. CEO are not magical creatures. they don't own the company, they just run it.
@gamesndrinks
@gamesndrinks Ай бұрын
Jim Farley was great in this interview. He was transparent, took accountability, and laid the plan to move forward. This gave me faith in Ford's future.
@whowhy9023
@whowhy9023 Ай бұрын
😂😂😂
@freeheeler09
@freeheeler09 Ай бұрын
Games, agreed!
@xmfclick
@xmfclick Ай бұрын
Farley is a big contrast with Mary Barra of GM. He can bullsh1t when necessary but he's also realistic in public. She's more of a politician whose default setting seems to be BS - I've never heard her admit that GM did anything wrong, though they obviously have and are in big trouble.
@naga2015kk
@naga2015kk Ай бұрын
agreed.there is hope yet.....
@Paul_C
@Paul_C Ай бұрын
Don't think anything that comes from the USA regarding automotive industry is not suitable for Europe.
@breezekinght
@breezekinght Ай бұрын
Jim Farley is probably the ONLY western CEO truly understand the current situation AND speak it out frankly.
@GROND15
@GROND15 Ай бұрын
🎯🎯🎯🎯
@ImLivinSD
@ImLivinSD Ай бұрын
Are any of the US auto makers ever going to grow a pair and tell this repressive govt to F.O.A.D and keep making ICE better cheaper and more reliable.
@niniclzz9459
@niniclzz9459 Ай бұрын
Uh… Elon knows.
@breezekinght
@breezekinght Ай бұрын
@@niniclzz9459 You are right, I meant to say ICE automaker CEO.
@jamesvandamme7786
@jamesvandamme7786 Ай бұрын
@@ImLivinSD You're Livin in the past. ICE is tapped out and EVs are just beginning. If our politicians weren't paid by the oil industry we'd be ahead of the Chinese by now.
@ladygracienyc2029
@ladygracienyc2029 Ай бұрын
The big take-away from the interview: Jim Farley shipped a Xiaomi to Chicago to test drive for 6 months and he doesn't want to give it up. OMG that's the biggest compliment and best piece of marketing Xiaomi could ever ask for
@natodemon1
@natodemon1 Ай бұрын
Honestly had a double take, can't think of any other automotive CEO that would admit that on a public interview. Amazing to have somebody that open and honest at the highest level of Ford. Bodes very well for the future of the company.
@Samg-x6r
@Samg-x6r Ай бұрын
However Chinese car brands are banned in the US. But I actually have seen the clip of him driving Xiaomi on Chinese Social media
@Hyperious_in_the_air
@Hyperious_in_the_air Ай бұрын
The fact that Jim was even able to admit this shows that he and ford realize just how much they need to do to compete. It's not a sign of weakness, but a sign of strength. You'd never see GM or Chrysler admit to something like this. It really makes me have faith that Ford can actually compete if they're willing to admit their shortcomings and work to catch up, rather than just lobby and bribe government to protect them like GM does.
@ISUerPEK-f8x
@ISUerPEK-f8x Ай бұрын
In July 19th annual speech, CEO Lei Jun mentioned that the reason Xiaomi's first car is a coupe is because one of his employees told him that the Ford Mustang was the dream car. As a result, Xiaomi also decided to build a "Chinese Dream Car."
@calvinang1
@calvinang1 Ай бұрын
OMG, Ford isn't a top 10 global brand in terms of prestige. So Nah.
@lockdownlife9517
@lockdownlife9517 Ай бұрын
Great interview! I’m a foreigner living and working in Shanghai. Drive a NIO and work closely on Ford related projects here in China. I admire Jim so much. He really does understand China and what’s been unfolding here over the past 10 years. Excited to see what the skunkworks team bring to market.
@lm3718
@lm3718 Ай бұрын
I am personally not a fan of Ford's product, but I like Jim Farley - his curiosity about the outside world is admirable.
@stephsoltesz6731
@stephsoltesz6731 Ай бұрын
I also am not a big fan of Ford and their product lines (especially past 25 yrs) but Jim is certainly ready to make Ford turn over a new leaf and start doing it right... a tad slow (but understandable) but it is now time for them to "Floor It" and get on with delivering what people actually "Want & Can Afford".
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl Ай бұрын
Ford is just the best,the 1965 Ford Mustang Fastback is amazing and the new Ford Mustang Mach1 ist just mindblowing amazing and extremly great looking!
@ImLivinSD
@ImLivinSD Ай бұрын
Ford needs to knock off the Data Capturing and remote kill switches sending to Ins Co's I will never buy an EV so long as they keep giving up customers data. And they wonde why sales have tanked ! No trust.
@JoshuaOverman
@JoshuaOverman Ай бұрын
Jim Farley is a terrible ceo cutting cost on the f150 and Superduty to line his pockets complete jerk.
@jamesdaniel947
@jamesdaniel947 29 күн бұрын
@@BrunoHeggli-zp3nlThe Mach e GT is truly mind blowing, I know because I have one. It will last 1,000,000 miles.
@TimDLee-no4on
@TimDLee-no4on Ай бұрын
Congratulations. What a remarkable opportunity to listen to a CEO of a legacy car company being as transparent as he could be, bringing out the reality of Chinese car manufacturing and the dire need to change. He came across really well as a car enthusiast, not wedded to ICE but proud of the heritage. He seems so normal! Good luck with arranging the next one. I am keen to see what Ford will offer in the small to medium categories.
@brilanto
@brilanto Ай бұрын
Where is 'leading' Mary?
@stevecoinitin7521
@stevecoinitin7521 Ай бұрын
Fiesta, top selling UK car....stopped making them. You couldn't make it up!
@GROND15
@GROND15 Ай бұрын
@@stevecoinitin7521 No profit in them. Not much point in selling something you don't profit from. Jim said it in the interview, The bigger the vehicle the higher the profit.
@zes7215
@zes7215 Ай бұрын
wr
@arthurdardalis
@arthurdardalis Ай бұрын
If he was proud of the heritage as you say, he wouldn’t have cancelled t he most popular Ford’s in Europe and then to launch that abomination of a Capri (Crapi) which is save with a Ford badge. I’m an ex Ford of Europe employee, Farley is the worst Ford CEO ever
@randomjasmicisrandom
@randomjasmicisrandom Ай бұрын
The statement from Jim about his Xiaomi has caused quite a storm on Twitter. I’ve seen it shared and discussed by some of the American pro-EV accounts and so far the reaction has been very positive. It has been seen as a position of strength that a CEO would be so open about how he knows who the competition are and what Ford needs to do to match them.
@andreasostberg4837
@andreasostberg4837 Ай бұрын
Wow! I just love how straightforward Jim Farley is. That alone makes me hopeful about Ford surviving the transition.
@jsanders100
@jsanders100 Ай бұрын
Yes, but is there any hope, what can he do?
@Lewis_Standing
@Lewis_Standing Ай бұрын
Apparently what he can do is take all their famous cars and rebrand them as electric SUVs​@@jsanders100
@andreasostberg4837
@andreasostberg4837 Ай бұрын
@@jsanders100 Yeah, I know. But at least he seems aware 😆
@Lewis_Standing
@Lewis_Standing Ай бұрын
He can remake all their famous models as SUVs apparently ​@@jsanders100
@C4rb0neum
@C4rb0neum Ай бұрын
Hey is years ahead (yes years) in the stages of grief. Most other CEOs are still in denial.
@jayzee316
@jayzee316 Ай бұрын
The real problem is this, I noticed living in china for 2 years now that they've launched/iterated cars like we have software, but even faster. new car models are coming out every single quarter, and even same models are refreshing every single 2 years. its ridiculous product cycles I can't even wrap my mind around.
@networm78
@networm78 Ай бұрын
That's right. XPeng has promised to launch either a refreshed or new model every quarter for the foreseeable future.
@wedmunds
@wedmunds 23 күн бұрын
The competition is much more fierce. Slack off once and you're lagging far behind.
@jayzee316
@jayzee316 22 күн бұрын
@@wedmunds agreed, it's inspiring yet kinda scary.
@今夜请留白
@今夜请留白 14 күн бұрын
中国电车的竞争非常严重,加上电车本身特殊的属性,如果还想过去的燃油车六七年一大改更新那么这个车企早就被淘汰了
@GallAnonim-jx2cz
@GallAnonim-jx2cz 13 күн бұрын
And that's why the depreciation is also much faster. Imagine first iteration of Aito M7 can be purchased for just 15k USD(1 year old). They refreshed the model in 4 months after launch! New car is 33k usd. That's 50% value lost in 1 year
@GeoffNossiter
@GeoffNossiter Ай бұрын
What a great listen and what a refreshing change to hear a US Global CEO be so open and honest about his company's situation in the face of the challenging and rapidly growing global competition.
@Jaw0lf
@Jaw0lf Ай бұрын
This was a mindblowing interview. It is amazing to hear how Jim Farley is now fully embracing the EV and agreed that they had dropped the ball in the first round of EV's. I am far more excited now for Ford in that they will be designing an EV. The other fact he is driving other brands of EV to me shows how passionate he is and understanding of what they need to do to make great EV's. Thank you for getting this interview.
@bolu7971
@bolu7971 Ай бұрын
通用汽车在中国改变很快,福特在中国的小排量燃油车市场早就萎缩了,但是大排量皮卡还是有富人很忠诚
@kevinbullas2328
@kevinbullas2328 Ай бұрын
A Jim Farley…a humble, knowledgable human who appears to speak candidly about the car industry and the future…thank you…
@canis9178
@canis9178 28 күн бұрын
When Jim Farley praises Chinese auto quality and value, people need to listen. He's the perfect antidote to Elon Musk’s hyperbolic, self-serving fascism. Many important insights here,
@lotteryplayer
@lotteryplayer 25 күн бұрын
You sir are delusional. Tesla is the top EV producer in the world. BYD hybrids don't count. Tesla margins squash all others. There's no hyperbole from Elon. Him and his team are second to none. You sir hate Elon because if his politics is my guess. That's pretty pathetic.
@yzhang9265
@yzhang9265 Ай бұрын
When people keep lie to themselves about Chinese products have bad quality, they need to understand that product they used daily are manufactured are mostly made in China. The experience and skill of manufacturing and quality control are there. The bad quality ones are the ones that's toy ones for me - they are not the real ones. China has same products from 1 USD to the top of the quality and technology. It's up to you you want to buy a toy for the weekend or you want to buy a world-class version with best value for money.
@風拂塵峰望晨
@風拂塵峰望晨 26 күн бұрын
Quality is based on how you designed for bearing certain conditions. Unfortunately Chinese car makers have less experiences on real car use. 😂😂😂
@Marvin-bz5qr
@Marvin-bz5qr 24 күн бұрын
中国有句话叫一分钱一分货
@arthorling6194
@arthorling6194 20 күн бұрын
It just goes to show how EV's are the future. You cannot hold it back forever no matter what amount of money is thrown into your Governments Propaganda. The only way to slow it down is to democratically put up tariffs or outright ban your citizens from having the best commercially viable green technology out there. The World knows Chinese manufacturing is No.1. They just don't know the reason why the Chinese products they receive in their countries are bad quality is because their business middle men choose bad quality version so they can keep at same price and make more profit from the citizens of that country.
@wenhanshen8596
@wenhanshen8596 Ай бұрын
I'm from China also a big fan of the new Mustang. In fact Xiaomi's CEO Leijun also commented that he wanted to build a mass popular sports car like Mustang in China. What the odds!
@Nice_Person7379
@Nice_Person7379 22 күн бұрын
Wow thats crazy! China’s combustion vehicles used to be trash but their newer models and EVs are really something else. Most chinese vehicles are EVs so it would be really fun seeing them make a one-off v8 sports car for a change!
@user-pt1ow8hx5l
@user-pt1ow8hx5l 3 күн бұрын
The odds are pretty good, one should think. Of Ford and a Chinese company collaborating. And the electric Mustang turning up in China.
@ELCEV
@ELCEV Ай бұрын
Jim is such a down-to-earth honest speaking person that he single-handedly maintains my respect for Ford.
@JoshuaOverman
@JoshuaOverman Ай бұрын
Jim Farley is a terrible ceo cutting cost on the f150 and Superduty to line his pockets complete jerk.
@ELCEV
@ELCEV Ай бұрын
@@JoshuaOverman I am sure a good armchair keyboard CEO like you could do a better job. You definitely should go put your application in.
@josiahr1375
@josiahr1375 28 күн бұрын
​@@ELCEV😂
@TimWigan
@TimWigan Ай бұрын
Ford is lucky to have him as their leader.
@FrunkensteinVonZipperneck
@FrunkensteinVonZipperneck Ай бұрын
Farley is, by far, the best ICE CEO. Yet he too, thinks in the past: Ford no longer makes “a million” pickups; the top-selling vehicle in North America is not a pickup, a Ford, or EVen an ICE vehicle. ICE CEOs still live - and work - in a very wealthy bubble. p.s. Farley “drives” with a chauffeur.
@TimWigan
@TimWigan Ай бұрын
@@FrunkensteinVonZipperneck Ford sold 1,081,777 trucks and vans in 2023
@gmv0553
@gmv0553 Ай бұрын
​@@TimWiganGM sold 1.3 million!
@pcstar123
@pcstar123 Ай бұрын
America should have more leaders like him, down to earth, level headed, but impossible to find in the political arena!
@zes7215
@zes7215 Ай бұрын
wrrr
@NZherewecome
@NZherewecome Ай бұрын
Wow!!! Jim saying how much he loved the xiomi < spelt wrong. And it’s their first car.
@BobbyAngmalaysia
@BobbyAngmalaysia Ай бұрын
With the way Jim spoke in this video, he has instilled so much faith and trust in Ford that no marketing efforts could. Knowing his mentality means this will transcend across the team and get reflected to the future products. Your interview has single handedly made me respect Ford much much more. Thank you
@ltribley
@ltribley Ай бұрын
As a Sinologist I've been working on "China issues" for 25+ years. I followed the electrification of their motor vehicles since the first use of lead-acid batteries over 20 years ago used in bicycles, mopeds, scooters, followed by small 3-wheel and 4-wheel "box-cars" costing $1.5-2.5k $USD (almost bought one), and now NEV's, EV's of all kinds ... [Tidbit: To this day you have to be careful walking on sidewalks not to trip over extension cords from homes and apartments (even from 2nd & 3rd story) out to the street charging cars and motorcycles.] ...AND licensed - battery - VTOL (Vertical Take-Off and Landing) passenger drones (some autonomous) to support China's LOW ALTITUTE ECONOMY already worth $ billions and coming into operation with demonstration projects in some cities. Drone delivery services are already in place for consumer purchases, food delivery, etc. in some places. Their Low Altitude Economy is YEARS ahead of the West for which I believe most countries governments don't even know exists as one of China's 4th Industrial Revolution economic development streams and identified in their most recent 5-Year Economic Development Plan. ALL of these developments are happening in plain sight of the world's governments, vehicle manufactures, think tanks, consultants, academia, Corp. Media, militaries, litterly everyone. All of those "so-called" Neocolonial experts, CEO's raking in the millions, business leaders, oligarchs, et al. They are also covered by open media in China, other countries of the Global South, and even on social media like Bilibili, KZbin, Facebook, "X", Instagram, and others. It's ALL there to research and see! So. Where and what were Western automakers and all those "glorious" experts noted above doing all this time as their market shares in China were crumbling and didn't have a clue why? Like nearly all technological advancements - EVERYHTING - in China, they were living the exceptinal, superior lives couched in American Hegemony. Folk. They really screwed this one up and with their shrinking global markets, it's questionable if they can generate sulffient capital to sustain competitive R&D and survive. Boy did my grandfather love Desoto's! With the West's hostility and economic sanctions against China growing at all fronts, let's see how far China goes toward implementing the "nuclear" equivalency of cutting off Western imports into the largest consumer market in the World. People with lots of money to burn. I recall 30 million new consumers this year, and more in 2025 while the Western middle class buying power is in decline for the foreseable future. The West and most people don't have a clue that we live in a Multipolar World divided between the Global North and Global South. The Global South, referred to as the GLOBAL MAJORITY is comprised of 88% of the world's population that will generate most of the economic development and wealth for the rest of this century and beyond. The West, the Global North is referred to as the GLOBAL MINORITY (essentially former White Colonial powers who colonized and destroyed many of their countries over the centuries). The GLOBAL MAJORITY (essentially countries of color) are telling us to stop interfering with their sovereignty and people's human right of self-determination without outside intervention. The point being is that China has 88% of the world's population to trade with and doesn't need anything from us to survive and prosper. ---------- RECENT CHINA EV TRIP [Many EV's in China are like an "Information Ecosystem" on wheels", or maybe an IoT (Internet of Things) device on wheels. They are "Lifestyle Mobile Abodes" keeping you connected to activities of daily living.] We recently returned from 5 weeks across China traveling to a variety of cities from Shanghai, Guangzhou, Chongqing, to Yunnan Province, Kunming, Dali, Shangri-La, etc. next to Tibet. EV's everywhere including many China specific brands not known by the West but very popular in their respective regions such as the "Beijing" brand (they were pretty nice), Wonderful new SMART brand models, and cool, cute pastel color city cars with all sorts of wild and crazy graphics all over the place. These brands are the typical middle class brands and have been around for many decades. You have unlikely never heard of them. Low cost, nicely built, attractive looking, but lacking all the high tech. Essentially a nice car, durable over time, easy to maintain, comfortable to live with but including an EV drivetrain. We drove in a few. Malls is the place to go with multiple EV competetors set up next to each other. 7 brands inluding Tesla in one mall. Throughout our trip there were many Tesla's in cool colors not available here, All of the NEV companies were packed with young people EXCEPT for Tesla! We spent a lot of time with staff and talked with a few young single and family consumers + young friends we know. Anecdotally... To a person they had little interest in Tesla. The CN brands are more advanced, better, more attractive designs with superior appointments - almost all were leather, and tailored to young "IT infrastructure connected lifestyles", to their friends, family, work, smart homes, entertainment, keeping the kids happy, etc. (kids were having a blast watching movies, playing video games). They were saying Tesla has lost its "connection to the needs of many of the young Chinese people" and now think of Tesla as the brand their older parents, grandparents, aunts and uncles would buy! Let me think. Maybe like a Ford Galaxy or Chevy Impala! Tesla, designated the "yawner" EV by up and coming Chinese professionals and their young families with lots of money. Some don't care about new batteries, more range, etc. Boring.... The new Xiaomi SU7 (3 trim levels = $30-35-40k USD compared to its Porsche rival at well over $100,000 USD) is now out and seems a favorite. You see many. Zeeker, their whole line seems popular, the Huawei brand (can't think of the name now) is all over and Huawei has expanded its tech architecture into another cool brand with slick aggressive sports coupe designs. Of course BYD is there in abundance with a number of models not known in the West. Larger Xiaomi and Huawei Smart Phone/Computer/Lifestyle stores (look similar to Apple stores) will show off and sell their cars together! BTW, we can negotiate prices and perks in ways you can't in the US. In China, price negotiation can be part of the fun and can last over several cups of tea! The engineering, attention to details including under the hood with electrical wiring and gorgeous connectors, fit and finish was up to the best the West has to offer including the German brands for example. Our next trip in 2025 we plan to rent several of our favorites for some extended driving around the country. Here in the US, we've given up plans to buy an EV, other than maybe the new Volvo though many of the other Chinese brands really spoil you knowing you're getting ripped off in the US and West.
@Hyfly13
@Hyfly13 Ай бұрын
Sounds like you need your own channel!
@tigertoo01
@tigertoo01 Ай бұрын
This post made you sound very intelligent until you stated you would consider a Volvo ev right at the end. It just boggles my mind that brand loyalty will outplay every sensible decision making ability people have. It’s like a spell being cast over people.
@Client_Match
@Client_Match Ай бұрын
Thanks best KZbin comment I have read in a long time. Gave me a real sense of understanding. Appreciate it.
@stephsoltesz6731
@stephsoltesz6731 Ай бұрын
Excellent res[ponse indeed. You are SO RIGHT when you talk about how the west does not even look at what China is doing and has really been up to, like the Low Altitude Ecnomy with food deliveries right to you ordered via a cell phone app. Didn't mention how much quite the streets & roads are or that you can have a whisper conversation on the side of a road in Downtown Big Chinese Cities. Fact is China is a Massive Idea Incubator & Tester that everyone can learn from ! They sure had miserable failures (Ride Sharing cars for one) but the successes FAR outweigh the goofs. Some Western Nations wish they could do what the Chinese have managed to do and are furious they can't get there.
@jokeychin
@jokeychin Ай бұрын
A nice, relatively rational and simple overview of the entire Chinese EV industry.
@hixyhicks
@hixyhicks Ай бұрын
I didn't expect this from the CEO of Ford.So honest and knowledgeable .
@calvinang1
@calvinang1 Ай бұрын
If he was so knowledgeable, I guess Ford wouldn't be in the state it is today.
@hixyhicks
@hixyhicks Ай бұрын
@calvinang1 Don't know mate ,im not clever enough .
@steak5599
@steak5599 Ай бұрын
@@calvinang1 What is that state exactly? Ford isn't doing bad compare to all other Competitors. Their Stock value remains pretty flat with a really good Dividend. Stellantis by far in the worst position. VW and BMW have to shut down factories, and Nissan said they are literally not making any profit.
@sortdnz
@sortdnz Ай бұрын
What an interview. Love hearing a CEO speaking like that! Very insightful.
@RR380
@RR380 28 күн бұрын
Jim Farley shipped a Xiaomi to Chicago to test drive for 6 months and he doesn't want to give it up. Better than a 5 minute Super Bowl ad for Xiaomi.
@fuelon
@fuelon Ай бұрын
22:55 huge props for admitting that he’s been driving the SU7 and doesn’t want to give it back!
@dailyrider2975
@dailyrider2975 Ай бұрын
21:40 Xiaomi had a sellable car in 3 yrs from scratch. Tesla took a lot longer. Aptera still hasn't come out after 12+yrs. VW ID Buzz took a long time as well. It's impressive how fast China can produce a working model that is quite good.
@tigertoo01
@tigertoo01 Ай бұрын
Finishing a vehicle is one thing. Building the infrastructure to mass manufacture is another thing altogether
@GForce162
@GForce162 Ай бұрын
@@tigertoo01 and with all the vandalism on charging infrastructure
@udishomer5852
@udishomer5852 Ай бұрын
I doubt the Xiaomi car was designed and engineered from scratch. There is so much off the shelf EV tech in China, they just needed to buy bits and pieces and set it up.
@rolexcel
@rolexcel Ай бұрын
A lesson for companies like Aptera is that you can’t go on with endless iterations before you come up with a product. At some point you need a sellable product on the market and some income. You can’t burn investor cash endlessly.
@jonevansauthor
@jonevansauthor Ай бұрын
I can see the consumer and business case for the Aptera. The ID Buzz makes no sense.
@stephenclay6852
@stephenclay6852 Ай бұрын
What a brilliant interview and how honest he was.
@howardcairns78
@howardcairns78 Ай бұрын
Great show! Wonderful to hear the CEO of Ford talking positively about EV's.
@midnight4109
@midnight4109 Ай бұрын
Another great video, I don't know how it is possible to always get such fantastic guests.
@markgt894
@markgt894 Ай бұрын
EVs (no apostrophe for plural) are overpriced, and depreciate like a stone. There’s a reason that private EVs have stalled.
@midnight4109
@midnight4109 Ай бұрын
@@markgt894 Part of the reason is the high prices of new EVs. There are going to be lower priced models coming to market which will fare better. It's (apostrophe meaning it is) a new industry, give it time.
@waynerussell6401
@waynerussell6401 Ай бұрын
@@markgt894 Tesla Model 3 is cheaper than a Prius and a Corolla within a few years of use. According to the UK AA, in 2024 a new ICE car will lose around 60% after its first three years at a mileage of 10,000 miles a year. The Tesla Model X after three years loses only 43%. Model 3 is one of the brand’s best for withstanding EV depreciation at 40% after three years.Tesla Model Y retains 76% of its value after a year and a half. In UK the current market share for new cars registered with a plug in 2024 is 26%. 23% of buyers said there next purchase will be an EV, and 59% intend to buy an EV within next 2 years. ICE sales are plummeting - Ford had a 10.1% market share with 2019’s H1 total of nearly 128,000 new cars registered. The 2024 H1 figure for Ford is 56,735 new cars, and none of their EVs are profitable. Model Y IS still the best selling vehicle in the world...
@markgt894
@markgt894 Ай бұрын
@@midnight4109 that’s what i said?! Why are you telling me about it’s apostrophe, i never used it incorrectly? Weird.
@gavinsullivan9015
@gavinsullivan9015 Ай бұрын
I listened to the podcast. He’s so illuminating to listen to, obviously very switched on. Thanks for getting him on again…
@musichao
@musichao 28 күн бұрын
He talks about Xiaomi like huawei’s CEO talks bout Apple. Genius all think alike
@Moore30
@Moore30 Ай бұрын
Great interview. Love how honest and transparent Farley is here. It's also good to hear that Ford clearly recognises the challenge from Chinese automakers and they are working and investing to face it head on. Many other carmakers have their head in the sand.
@kampayod
@kampayod 26 күн бұрын
Been a happy owner of Ford Everest diesel for 4 years, and I don’t want to give it up anytime soon either. Listening to Mr. Farley, it comes to my mind that it’s a CEO like this that will make America great again, not some crazy clueless politicians.
@daveryder4430
@daveryder4430 Ай бұрын
38min spot on. A PHEV showed me I could live very happily with an EV. After running a Kuga PHEV for 18mnth we now have a MachE.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl Ай бұрын
The Mache E is quite good looking and of solid builtquality!
@stevenmetcalf4571
@stevenmetcalf4571 Ай бұрын
This was also me... Had a Chevy Volt PHEV (known as the Opel Ampera in the rest of the world) for 7 years. It was unfortunately totaled in an accident. But that experience made me realize a full EV would be fine for my use. Ended up with a Model 3 highland.
@zes7215
@zes7215 Ай бұрын
wrr
@arthuropod3771
@arthuropod3771 Ай бұрын
Fascinating. So refreshing to hear from a major western motor CEO who is not in denial, and is so frank and candid about the challenge. Including the over-sizing/over-pricing of gen 1 EVs. Look forward to seeing the gen 2 ford products.
@MartyBrisbane
@MartyBrisbane Ай бұрын
Jim Farley, a true Gentleman that knows what he is talking about.
@zes7215
@zes7215 Ай бұрын
wrg
@RichardBacon-h5x
@RichardBacon-h5x Ай бұрын
I loved this interview, so refreshing to listen to a CEO who understands the future and is excited by the future and is not frightened to change.
@robertwhite3503
@robertwhite3503 Ай бұрын
Good interview. I like Jim Farley. His main problem is the legal requirement to retain dealers. His second problem is the need for vertical integration (or some sort of component integration). Everything else is fixable at Ford, but can they change fast enough. There is a genuine race on and I think Jim knows it.
@wolfgangpreier9160
@wolfgangpreier9160 Ай бұрын
"Everything else is fixable at Ford" How do you "fix" the UAW?
@robertwhite3503
@robertwhite3503 Ай бұрын
@@wolfgangpreier9160 Automation.
@ImLivinSD
@ImLivinSD Ай бұрын
How do you fix over priced unreliable cars and trucks. They are right inline with VW poor quality, poor reliabiliy, poor Dealerships robbing people with over priced under performing cars. There is No Fixing this situation.
@wolfgangpreier9160
@wolfgangpreier9160 Ай бұрын
@@ImLivinSD A CEO must be opimistic. What Jim is showing is wishful thinking. Just like Mary. But what could they do? Not much more.
@flukeylukey7559
@flukeylukey7559 Ай бұрын
​@ImLivinSD In Australia, MB has made all dealers sell at a fixed cost, could Ford do this in the states.
@AndrewMaloney-zi3hi
@AndrewMaloney-zi3hi Ай бұрын
Very impressive guy. Grounded in reality by intent. Open, curious, approachable and intelligent. Opposite of the expected big, institutionally captured CEO.
@ImLivinSD
@ImLivinSD Ай бұрын
Wait till Trump gets in office, this will all have been a bad joke, Jim is cowtowing to his Investors and Big Govt. All gonna chang once Trump takes over. EVs are a dead end literally.
@garrykehr1
@garrykehr1 Ай бұрын
I find your show to be very informative and well grounded. Jim Farley is so well informed and open. Love your podcast
@michaelreeves9818
@michaelreeves9818 Ай бұрын
Robert this is the most FASCINATING interview I have ever seen on Fully Charged! Sounds like Ford/Skunkworks are going to make a big contribution to the spread of EVs in the coming years. So excited!!
@luting3
@luting3 Ай бұрын
Wow, never seen a CEO willing to speak like this. I am really impressed.
@samjohnston4945
@samjohnston4945 Ай бұрын
Exceptional discussion. Jim Farley is an impressive communicator & leader
@Battle_pigeon
@Battle_pigeon Ай бұрын
Never thought I would hear an OEM CEO speak such words. Jim sounds clear eyed, with open ears. Realist and not pretentious. Lady and gentlemen OEM CEOs, take notes!
@KevinHirons-y2t
@KevinHirons-y2t Ай бұрын
For the CEO of one of the worlds greatest car makers, he is very down to earth and easy to listen to. He’s very honest in his appraisal of how Ford sits against the competition. An awesome podcast!
@laloajuria4678
@laloajuria4678 Ай бұрын
its such a stark contrast to other CEOs....its very appreciated.
@rp9674
@rp9674 26 күн бұрын
Especially musk
@steved1191
@steved1191 Ай бұрын
Thanks for the conversation. Love the channel!
@paulhowarth7629
@paulhowarth7629 Ай бұрын
Fair play to Jim for being so openly honest! Refreshing...
@nr5494
@nr5494 Ай бұрын
Jim Farley, truly the Steve Jobs of the automotive industry. I wish him and Ford every success.
@jamesvandamme7786
@jamesvandamme7786 Ай бұрын
I had another name in mind for the Steve Jobs of the automotive industry. Farley is level headed and non-political.
@garyrooksby
@garyrooksby Ай бұрын
Fascinating interview, Robert. Thanks so much. Jim really gets it and every time I hear him talk about the industry my respect for him goes up. Whether Ford exists in 10 years' time is debatable but I think that if any one can keep them afloat then it's Jim. What a humble gentleman. More interviews with Jim, please!
@chipspaulding1371
@chipspaulding1371 Ай бұрын
I am a diehard Tesla user for many years now but I have to tell you after listening to Jim and his knowledge and is astute understanding of the market and the customer needs I would absolutely consider a Ford in my next electric purchase
@joemartino6976
@joemartino6976 Ай бұрын
Wish we had elected officials as knowledgeable, as direct and as transparent as Jim Farley. He has my vote.
@geoffl
@geoffl Ай бұрын
i’m impressed with Farley. he’s going into wartime with clear eyes.
@andrewlau9873
@andrewlau9873 Ай бұрын
What a great interview. In order to innovate, we must identify and agree that we have problems.
@NealeUpstone
@NealeUpstone Ай бұрын
Jim Farley is such a good advert for ambitious engineers to join Ford. When he says "What rights do we have to win?", that shows a wisdom that many CEOs lack. He is not trying to compete by misleading customers, or relying on govt support, or trying to capture some nationalism to buy inferior products. Instead he is saying "We will compete with our fellow earthlings as people of one planet. We will compete with respect and service, providing products that are truly worth having"
@FutureSystem738
@FutureSystem738 26 күн бұрын
Thanks Robert (and Jim). Really enjoyed that talk. 👍
@ramblerandy2397
@ramblerandy2397 Ай бұрын
Jim makes a great point about Chinese commitment to electrification. They've been at it for at least a decade, and often two, and more. I think it was Goldman Sachs, the other day, which reported on battery prices coming down. And it was so wafer thin in its validity. At no point was there any significance of CATL or BYD, who are 1st and, 2nd or 3rd battery manufacturers in the world depending on who you read. I'm pretty sure they would have something to say, and their prices were and are a lot lower than GS suggested. Western companies are still playing down or omitting the significance of Chinese manufacturing. Incidentally, as a person who lives in the UK, I'm glad that we are not into protectionism. We're not aiming to put extra invented tariffs on Chinese imports. Oh, and that Xiaomi SU7 is stunning. China fast.!
@chrispapanastasopoulos9192
@chrispapanastasopoulos9192 Ай бұрын
You are not into protectionism because the auto industry has already died.
@ramblerandy2397
@ramblerandy2397 Ай бұрын
@@chrispapanastasopoulos9192 Not strictly true. Just the Home manufacturers have died. Nissan, Jaguar, Peugeot, Ford and Others I can't remember, all manufacture in the UK. And they don't want tariffs either.
@yifantang8641
@yifantang8641 Ай бұрын
⁠@@chrispapanastasopoulos9192protectionism will make US auto industry die faster. It has been proven again and again in history.
@pcstar123
@pcstar123 Ай бұрын
The British politicians are far smarter than the Canadian ones!
@Pottery4Life
@Pottery4Life 27 күн бұрын
Awesome. Thank you Robert and Jim.
@andrewpalmer999
@andrewpalmer999 Ай бұрын
Brilliant! To hear the CEO of Ford say he's been driving a Chinese car for 6 months and doesn't want to give it up is amazing. It's refreshing to know that a massive car company like Ford hasn't just stuck it's head in the sand and assumed there is no competition to worry about.
@Larry-Lobster
@Larry-Lobster Ай бұрын
Great interview! Farley is a fantastic guest and I love his honesty and transparency!
@DarrenSpill
@DarrenSpill Ай бұрын
I’m a Tesla fan boy but I have always loved listening to Jim Farley. I understand he’s the CEO of Ford however I find he’s integrity and willingness to openly talk about ford, its competition and the automotive industry very refreshing. I am cheering Ford on and believe with Jim a the helm Ford will still be here in 25 years time.
@thabanglentsoana7939
@thabanglentsoana7939 Ай бұрын
Jim Farley's honesty is so refreshing...in a world where denial is the order of the day. Well done Jim! Ford has a chance of survival under his leadership 👏
@charleswillcock3235
@charleswillcock3235 Ай бұрын
Jim Farley is a great guest to have on and kudos for getting one of the most senior people in the automotive industry on your channel. Obviously Jim puts a Ford spin on everything he says. At times it was a bit like a Fox interview with Trump. The numbers are the big issue for all those ostriches out there who think that EVs are fashion fad and will be gone by next spring. China is all in on EVs and that effectively means everyone else needs to be. Hybrids for some people might be a transition vehicle, but there after market value in a few years time will be very low as people realise twice the complexity equals twice the cost. Overall a good update on EVs and Ford.
@bmacrc46
@bmacrc46 23 күн бұрын
Jim Farley is my go to guy to learn about the current state of the industry. He is transparent and very open about where Ford is and what is going on in the rest of their competition. Thanks for doing this!
@jordipalacios8608
@jordipalacios8608 Ай бұрын
This was amazing. Jim Farley is the best CEO in any legacy automaker.
@JoshuaOverman
@JoshuaOverman Ай бұрын
Worst ceo ever he’s cut so many features from the ford Superduty to line his own pockets
@chazsmith4351
@chazsmith4351 23 күн бұрын
Great interview, the show is always good but this one is exceptional. Very impressed
@PapaPiggie
@PapaPiggie Ай бұрын
Amazing show, get Jim back!
@Sneaker_Net
@Sneaker_Net Ай бұрын
What a wonderful interview. It's great to listen to your chats with Jim.
@keithmcdougall4893
@keithmcdougall4893 Ай бұрын
Really enlightening interview, and Jim Farley is so passionate about cars and the history of cars.
@Steve-co1ic
@Steve-co1ic Ай бұрын
The most informative Pod I've seen or listened to, so great to hear a honest chat from a CEO of one of the largest car manufacturers, brilliant
@TomanswerAi
@TomanswerAi Ай бұрын
Best interview I’ve seen in a long time. Awesome insights
@peterjohn5834
@peterjohn5834 Ай бұрын
Ian, this was a superb interview. Your skills are amazing but this Jim Farley is a real communicator. He treads a really difficult path negotiating what will be massive change in employment , engineering and transportation. Thank you our Australian politicians should open their minds and listen to this balanced discourse. Thanks heaps.
@benjaminford9932
@benjaminford9932 Ай бұрын
Who is the Ian you are referring to? The interviewer is Robert Lewellyn who spoke to Jim Farley.
@TheLinama
@TheLinama Ай бұрын
Robert was speechless after hearing that, he couldn't believe Jim Farley said that LOL
@daviddean8198
@daviddean8198 Ай бұрын
Refreshingly honest discussion from the Ford CEO. Impressive man.
@JohnCorrUK
@JohnCorrUK Ай бұрын
Brilliant show Jim and Robert - bravo
@SchmozzleGTO
@SchmozzleGTO Ай бұрын
Jim is a remarkably refreshing American CEO. Comes across as incredibly honest and open, a very interesting pod. Friend shared this with me, I have shared too. Im in process of picking a new company car... I LOVE driving, ride a Ducati suoerbike, race track it, love cars, lucky to have driven Porsche 911 GT3s, Audi R8s, RS4s, Golf GTis, BMW E30 M, 36M, M5s etc etc etc. I LOVE cars, driving... but my reality day to day is mid-range, need 2 family cars, have to drive mid-range company cars last 12 years... Mid-range ICE cars are meh, the EV equivalents are ALL smoother, quieter, less faff. The perceived problem is range anxiety, and now delreciation, insurance costs etc. For me as a company car (all costs covered bar BIK tax of c.500 euro on non EV vs no cost motoring for EV, the only concern is range/charging, and my colleagues who have made the move are emphatically pro EV, many dont even have home chargers and use Irish public infrastructure/chargers only ie on street, in car parks, service stations- fast charge to 80% in less than 30 mins... home charge overnight being super easy n cheap, in Ireland at least. Kia Sportage PHEV 2025 in Wolf Grey is lush, really love it, but €500 net Benefit in Kind tax from monthly salary. Tesla 3- is quick in straight line but handkes like a waterbed on marshmallow coasters, has mass push understeer, the dual motor I drove was exciting, but handled like a pig.Spartan but fancy looking interior, big main infotainment screen which passengers love but tedious n dangerous for driver vs smarter layouts- kids love rear mini ipad sized zcreen but personal ipads wifi hot spotted from my cell phone resolces that in any car and all modern ones have chargers) More Apple friendly than Android. BYD Seal is LUSH inside, tested on same motorway to fun b road I normally blast on my Ducati superbike and took 3 on also, and BYD was 10x better handling than 3- I know pro reviewers would argue, but that makes me question their integrity because I can drive and have been lucky to drive some amazing cars, and sadky lots of meh ones- the BYD Seal CRUSHED the 3. The Seal, subjectively, is a Porsche Taycan/3 looking car externally, internally, its a sexier 3. TEST DRIVE THE BYD, it'll shock you. The ID3, 4, solid but BORING, Toyotas are likeky bulketproof but wow, ugly/boring inside, make the VW ID4 look fancy... Try the BYD Seal, I reckon it'll shock you. (Atto 3 is weird inside- inspired by a gym apparently, weird)
@kevinphillips9408
@kevinphillips9408 Ай бұрын
Absolutely wonderful podcast. Much too short.
@mikemellor759
@mikemellor759 23 күн бұрын
Congratulations on getting such an important & impressive industry leader onto your podcast.
@markharding44
@markharding44 Ай бұрын
Fantastic chat. Yes to monthly podcast with Jim please 😂
@DaveHaas
@DaveHaas Ай бұрын
This was a great one. Listened on my podcast player and immediately came over here to YT to let you guys know how great of an interview Farley is. Get him back some day!
@solartime8983
@solartime8983 26 күн бұрын
🌅"I love electric vehicles...it's brought back FUN to driving! "🤠🗽
@fortunateson123
@fortunateson123 Ай бұрын
What a great guy Jim is! Awesome talker, very well informed and doesn’t talk bullocks. Thx for this podcast 👍
@MrDebour
@MrDebour Ай бұрын
This CEO is so genuine
@erwingobig1954
@erwingobig1954 28 күн бұрын
acknowledging the problem is the first step to solve it. Chinese can move so fast because they respect what others did great and learn from others
@gypsysticks
@gypsysticks Ай бұрын
Love the fact that Jim speaks about the competition with respect and understands what they are bringing to the table as well....he truely listens to the customers and builds cars that they need! I also was very interested in how people in the US by hybrids to help power their homes when disaster strikes! Why buy a generator that sits in the back yard and is used once in a blue moon when you can use your car as a generator! Genius!
@ImLivinSD
@ImLivinSD Ай бұрын
Because excessive use of the battery for that use will degrade the battery even faster. P2V will degrade your battery but I guess if you don't have that cheap generator your Expensive EV which you rely on for work will do. The Stupidity of this impresses even me.
@JGood-Quebec
@JGood-Quebec Ай бұрын
@@ImLivinSDThe newer batteries are easily going to outlive the vehicle so some use for blackouts seems reasonable.
@chris-townson
@chris-townson Ай бұрын
Fantastic to have such a prominent figure in the industry prepared to talk so openly and honestly about the competition and plans for the future.
@supertouring1
@supertouring1 Ай бұрын
Only by driving it daily for months on end do you fully get to know the car's strengths and weaknesses. By driving it personally, it cuts out any bias/omissions from others about the car's true characteristics.
@JPLUSUI
@JPLUSUI 29 күн бұрын
Thanks Robert for this opportunity offered on KZbin to listen your conversation with Ford CEO. Looking forward to seeing new Ford cars. So exciting.
@Paul_Rich
@Paul_Rich Ай бұрын
22:49 Came here to listen to the part where the Ford CEO says he's been driving a Xiaomi EV for 6 months and doesn't want to give it up ☺
@n1ch0las51
@n1ch0las51 Ай бұрын
Thank you. That was so informative. What a great interview.
@Peoplestariff
@Peoplestariff Ай бұрын
Really enjoyed the talk with Jim last time particularly about the F150 lightning
@camrodger8638
@camrodger8638 27 күн бұрын
As a “Tesla guy” I could listen to Jim Farley all day long. Such an intelligent CEO who shares such interesting knowledge on a personal level. Thank you for such a wonderful video.
@bostondan77
@bostondan77 Ай бұрын
The Lightning is my 4th and favorite truck, thanks Jim!
@CSSlsema
@CSSlsema Ай бұрын
Jim Farley has earned my full respect with his deep knowledge of the global auto industry and his humility into admitting the current situation without making excuses for the failure of legacy manufacturers having miscalculated the EV shift.
@sevenus82
@sevenus82 Ай бұрын
Aaaand we just heard the best imaginable marketing fact Xiaomi could ever wish for. The Ford's CEO daily drives Xiaomi for the last six months and doesn't want to give it up. I had to rewind that part a couple of times to make sure I'm not hallucinating.
@ajwo5984
@ajwo5984 Ай бұрын
Jim is a marketing expert. And that’s actually his trade btw 😊
@gregorysandy9577
@gregorysandy9577 28 күн бұрын
❤. Love this show. Very interesting prospective from Ford CEO. Great host.
@zerofox3d
@zerofox3d Ай бұрын
Listening to Jim makes me want to buy a Ford. Never said that before.
@BrunoHeggli-zp3nl
@BrunoHeggli-zp3nl Ай бұрын
I dont listen to Jim and i would buy a Maverick or a Mustang Mach1 in no Time If i would live in the US
@MichaelByrt-b6c
@MichaelByrt-b6c 8 күн бұрын
Because quiet frankly I feel that Henry Ford is in the room, and he'd like humanity to pick up where he left off, with his electric vision, quiet motoring revolution, to give humans mobility, with luxury, class, character, to get to work, and socialising appointments!!! We need a rebirth of age old values, integrity, craftsmanship, and, quality, Henry was a craftsman. For the people!!!!
@frejaresund3770
@frejaresund3770 Ай бұрын
I have been enjoyed, so thank you for sharing.
@theSunblessed
@theSunblessed 26 күн бұрын
Great and illuminating discussion
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