Ford Executive Chairman Bill Ford told CNN's 'Fareed Zakaria that despite recent gains the U.S. was still not in a position to compete with China in the production of electric vehicles.  

<div class="block">Ford Executive Chairman Bill Ford told CNN&#39;s &#39;Fareed Zakaria that despite recent gains the U.S. was still not in a position to compete with China in the production of electric vehicles. </div>
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Wake Up With Cheddar

Ford Chairman Says U.S. Not Ready to Compete With China on EV Production

Ford Motor Executive Chairman Bill Ford Junior now voicing his concern with how ready the US is to compete with China in the electric vehicle space. In an interview yesterday on CNN Ford Junior said the US is quote not quite yet ready to compete with China in the electric vehicle market. He also pointed to China's ability to quickly produce electric vehicles on a larger scale. Back in February, Ford announced a $3.5 billion investment in electric vehicle battery plants located in Michigan.