According to Chinese media Kuaikeji, Jim Farley, CEO of Ford Motor Company, recently stated at the Automotive News Congress that regarding how Chinese automakers will enter the US, the US "must approach it with extreme caution," taking a lesson from Europe, where it "is already too late" due to Chinese imports rapidly taking market share.

The article pointed out, "Farley's warning is by no means groundless. China's automobile exports are expanding at an astonishing pace." It reported that China's automobile export volume, which was approximately 3 million units in 2022, is expected to reach 12 million units in 2026, with Europe and Latin America being the main destinations.

According to the article, in the European market, Chinese brand electric vehicles (EVs) are rapidly taking market share from local manufacturers, using price competitiveness as a weapon, and are inflicting substantial damage on Europe's traditional automotive industry. However, Farley's stance is not one of consistent exclusion. He clearly stated that Ford will partner with Chinese companies in areas where "capital efficiency is high and Ford itself lacks specialized strengths" while also engaging in direct competition, adding that "these two things are not contradictory."

The article cited the partnership between Ford and Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest EV battery manufacturer, as "a typical example," reporting that Ford will build a battery plant in Michigan and produce low-cost batteries using lithium iron phosphate (LFP) technology licensed from CATL.

It also introduced that Ford and China's Geely agreed in July to jointly develop EVs in Europe. It reported that they plan to establish a joint venture at Ford's Valencia plant in Spain, with Ford holding a 66% stake and Geely holding 34%, to produce and ship a total of five models for both brands for the European market starting in 2028.

On the other hand, the article pointed out that "close ties with Chinese automakers have also become a factor inviting considerable political pressure for Ford within the US." Following US Transportation Secretary Sean Duffy expressing concerns about partnerships with Chinese companies in a letter to Farley in September, it introduced Farley's response that in order to maintain competitiveness, especially in crucial areas like batteries, the technological and cost advantages held by Chinese partner companies are necessary, and if relations with Chinese companies were completely severed, US automakers would be placed at a decisive cost disadvantage.

The article pointed out that "the US market has established a dual barrier against Chinese-made automobiles: a ban on the entry of Chinese-made vehicle software into the US market and the imposition of tariffs exceeding 100% on Chinese-made automobiles. This series of measures is effectively excluding Chinese automakers from the US market." It also mentioned that an industry group composed of US automakers, dealers, and parts suppliers is pressing Congress to introduce a permanent ban on Chinese-made automobiles.