Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles.
Bill Ford, who is the great-grandson of company founder Henry Ford, said in the program that the Michigan battery plant is a chance for Ford engineers to learn the technology and then use it themselves.
"It is a wholly owned Ford facility. They'll be our employees, and all we're doing is licensing the technology. That's it." he said.in the sector, and that Ford needs distinctive branding or lower costs to beat Chinese automakers.
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