NEW YORK — Ford Motor will turn to Chinese battery maker CATL’s technology in developing an electric vehicle priced below $30,000, as the U.S. EV industry faces headwinds from the Trump administration’s tax and environmental policies.
US auto industry is ‘at a crossroads,’ CEO says of changing business landscape
Ford Motor CEO Jim Farley lays out the automaker’s strategy at an assembly plant in Kentucky on Aug. 11. © Reuters
AZUSA KAWAKAMI
August 13, 2025 05:02 JST