Tesla Cybertruck doesn’t keep the man in charge of Ford up at night.
On Tuesday, Ford CEO Jim Farley sit down with CNBC’s Jim Cramer and talked about electric vehicles, Blue Oval’s partnership with Tesla and Cybertruck.
by Ford F-Series product line has been the best-selling vehicle in America for 41 years. It includes the Lightning F-150 electric variant, Green Car Report’ Best car to buy in 2023. “We are the market leader in vans and EV trucks, and we know these customers better than anyone,” Farley told Kramer.
Tesla Cybertruck beta build spotted by Instagram user ftronz
Referring to Tesla CEO Elon Musk, Farley said, “if he wants to design a Cybertruck for people in Silicon Valley, fine.”
Farley expands on the theme: “It’s like a great luxury product parked in front of a hotel. But I don’t make trucks like that, I make trucks for people who actually work for real, and that’s a kind of thing. another truck.”
Farley told Kramer that he considers going to a charging station a social experience like going to a gas station in the 1920s. “Everybody go, oh, that’s a Ford. I think everyone has to buy a Tesla. . Look at that Mach-E over there.” Kramer relates the concept of Ford as a Trojan horse in this situation.
Tesla turbocharger
In May, Ford announced it would through Tesla’s fee NACS portal on electric cars in the future. In addition, existing Ford EVs will have access to the Supercharger in 2024, adding an additional 12,000 charging stations to the vehicle. FordPass Network. Farley told Kramer that Musk was respectful in the negotiations of the deal, but that it was more about Henry Ford than Jim Farley.
Ford is investing in the electric vehicle future with the new Blue Oval City in west Tennessee and BlueOvalSK Battery Park in central Kentucky. Both complexes are currently under construction and the combined cost will be at least 11.4 billion USD.
Ford Blue Oval City – rendering of manufacturing complex in Tennessee, September 2021
Blue Oval City Battery Factory and Factory will be the home of a “radically simplified” new electric truck and Three-row SUV. In March, Farley introduced the next-generation electric truck, noting that it will launch in 2025 and be Millennium Falcon of trucks. The SUV will have a range of 350 miles, but Ford doesn’t want to compete in the range game. Farley noted that the automaker won’t come along EV range 600 miles.
Although next-generation electric vehicles will launch in 2025, cost-balancing is still a way out. At an investor conference in early June, Farley said for most automakers, electric vehicles will remain more expensive to produce than internal combustion cars through the end of the decade. The CEO predicts electric vehicles introduced between 2030 and 2035 will “significantly reduce the amount of labor” with simplified requirements and manufacturing components.
