Chinese EVs could hit U.S. soil in as little as five years, Ford CEO Jim Farley reportedly said this week.
Trade barriers and bans on Chinese tech are a roadblock today.
Ford's executives reportedly warned employees this week that it predicts Chinese EVs would still enter the American market.
China's quest for global automotive domination isn't letting up. And despite all of the protectionist measures taken by the federal government to prevent Chinese EVs from hitting the U.S. market, some auto executives believe that it's only a matter of time.
Ford CEO Jim Farley reportedly told employees this week that the Blue Oval is preparing for exactly that battle, and he put a timeline on it. According to a report from Reuters, Farley and other Ford executives confirmed that the automaker is anticipating that Chinese brands will enter the U.S. market within the next decade. That's despite the trade barriers, bans on Chinese vehicle technology, and a bill advanced by the U.S. Senate recently.
