Ford CEO: “China is 10 years ahead in electric vehicle batteries”

One of the largest car manufacturers in the world Ford, This time with a statement made by CEO Jim Farley on the agenda.

According to a statement by Ford Ceo Jim Farley, China is located 10 years ahead of Western car manufacturers in battery technology. In order to compete in the electric automobile market, China should provide access to licensed/patented battery technologies, saying, Because Farley stated that they do not have a chance to come back from behind Chinese manufacturers, Within the scope of his statement, “The way to compete with them is to access their special technologies as they need ours 20 years ago, and then to defeat them globally by using our innovative ecosystem, creativity, strength and proximity to the customer” he said. Farley refers to the importance of lithium ion phosphate (LFP) batteries developed by CATL, which they will produce by purchasing a license in 2026. LFP batteries, which are currently very important in the electric car market, It was first invented by scientists at the University of Texas. The LFP battery technology, commercialized by A123 Systems supported by the Obama administration, then passed into the hands of Chinese companies. Failure to develop the electric vehicle market at the expected speed resulted in the bankruptcy of A123 Systems. For this reason, the company’s battery technologies and systems were purchased by Chinese automobile companies.

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