AsianFin -- Ford CEO Jim Farley described the rapid advancement of China’s electric vehicle industry as “the most humbling thing” he’s ever witnessed, warning that U.S. automakers are facing a formidable challenge from the world’s largest EV market.
Speaking at the Aspen Ideas Festival during a conversation with author Walter Isaacson on Friday, Farley acknowledged that Chinese manufacturers have pulled far ahead in both scale and technology. He noted that he’s traveled to China six or seven times in the past year to understand the market better.
“Seventy percent of all EVs in the world are made in China,” Farley said. “It’s the most humbling thing I’ve ever seen.”
Farley highlighted how Chinese automakers have leapfrogged in digital integration, naming tech giants Huawei and Xiaomi as central to the in-car experience. “You get in, and you don’t have to pair your phone,” he said. “Your whole digital life just shows up—seamlessly. It’s far superior to anything we have.”
The Ford chief’s remarks reflect growing anxiety in Detroit as Chinese EV makers like BYD, Nio, and Xpeng accelerate global expansion and outpace traditional Western carmakers in technology, affordability, and user experience.