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Industry
Ford CEO says Chinese EVs will enter U.S. market within 5 to 10 years
Ford expects Chinese electric vehicle brands to enter the U.S. market within 5 to 10 years and has begun preparing, according to a report. CEO Jim Farley and executives told employees they see Chinese EVs arriving within the next decade. Ford does not rule out entry despite trade barriers and U.S. moves to restrict Chinese vehicle technology. The company is preparing a newly designed universal EV platform, with a midsize pickup due to go on sale in 2027.
Mobility
Honda, Tesla and Volkswagen join EV discontinuation rush in U.S.
Honda has officially confirmed it will end production of the Prologue, its last all-electric model sold in the United States. The move comes as the U.S. EV market faces slowing growth and policy changes, prompting major automakers to scale back EV lineups. Second-quarter U.S. EV sales totalled 247,226 vehicles, or 5.8 percent of new-vehicle sales, data showed. Other automakers have also halted or reduced EV models.
Industry
Will China dominate the global electric vehicle market
An analysis said Chinese automakers could increase their influence in the global market based on electric vehicle competitiveness, expanded overseas production and shifts in market share in China. CleanTechnica said this trend could lead to a reshaping of the global auto industry. It said Chinese companies are ahead of rivals in technology and sales as the industry moves toward EVs, while Western automakers face profitability pressures and shrinking positions in China.
