Ford CEO Issues Warning To Electric Car Industry
During a conference call, Ford CEO Jim Farley called for the US to start building batteries to prepare for the onslaught of new EVs launching within the next few years.
“We need to bring large-scale battery production to the US, and we’ll be talking to the government about that”, said Farley. “We can’t go through what we’re doing with chips right now with Taiwan. It’s just too important.”
Currently, many of the semiconductor computer chips in cars that power infotainment systems and driver-assists are manufactured by Taiwan Semiconductor Manufacturing, which is struggling to keep up with the demand.
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