Ford CEO hits back at government ‘mistruths’ about China —as its $28K electric truck prepares to take on Slate and Chinese rivals
Ford's CEO fires back at US government over China claims as new electric truck nears
Ford CEO Jim Farley has responded to US Transportation Secretary Sean Duffy's criticisms regarding Ford becoming too dependent on Chinese companies. Farley asserts that the company's new Fathom electric pickup truck is using technology licensed from CATL, a Chinese battery giant, but insists that this does not equate to handing over control of Ford's future to China.
Ford has announced that the Fathom will start at $28,350, making it a more affordable option compared to competitors like Slate, which begins at less than $25,000. The Fathom is part of Ford's Universal EV platform designed to bring electric vehicles to the market at a lower cost. Production of the Fathom is expected to start in 2026, with the company already ramping up its LFP battery manufacturing at the BlueOval Battery Park Michigan in Michigan.
Ford emphasizes that it remains committed to American manufacturing, employing significant numbers of workers domestically and exporting vehicles from the US more than any other automaker.
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