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Ford's CEO says China's EV progress is 'the most humbling thing' he's ever seen (finance.yahoo.com)

submitted 1 month ago by yogthos@lemmygrad.ml to c/technology@hexbear.net

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[–] NotALeatherMuppet@hexbear.net 58 points 1 month ago (1 children)

frothingfash no American will ever willingly drive shoddy cars made of chinesium

porky-happy

"I don't like talking about the competition so much, but I drive the Xiaomi," Farley said of the Xiaomi Speed Ultra 7. The SU7 is Xiaomi's maiden electric vehicle.

"We flew one from Shanghai to Chicago, and I've been driving it for six months now, and I don't want to give it up," he added.

mao-clap

[–] NotALeatherMuppet@hexbear.net 41 points 1 month ago (2 children)

Just looked up the SU7. Looks like a luxury sedan, set to compete with porches and teslas.

Lowest trim model has 300hp, 435 mile range and costs $30k. $42k gets you 600hp and 500 mile range.

$40k in the US gets you a new Prius, which are good cars, but they're not 600hp 500 mile electric range good.

[–] miz@hexbear.net 10 points 1 month ago* (last edited 1 month ago) (1 children)

it also broke the time record at Nürburgring for an EV sedan

https://www.motortrend.com/news/xiaomi-su7-nurburgring-lap-record-electric-sedan

[–] goferking0@lemmy.sdf.org 2 points 1 month ago

To put this time in further perspective, the SU7 Ultra starts at $73,724 (when converting from 529,900 Chinese Yuan, at the time of writing) and set a time faster than the Rimac Nevera. The Nevera is an all-electric hypercar that starts at $2.2 million with four motors outputting 1,888 hp and it was beat by 0.341of a second (a time of 7:05.298 for its official production car record) by a sedan that can have a fridge equipped inside the center console (there is no word if the record setter was chilling some drinks during the run). The SU7 Ultra also hit a top speed of 214.994 mph racing down the Döttinger Höhe straight. It’s safe to say that Xiaomi has helped put the world on further notice that the Chinese OEMs are not slacking around—and why Ford’s Jim Farley loves his Xiaomi.

God damn well done Xiaomi

[–] TrashGoblin@hexbear.net 6 points 1 month ago

Lowest trim model has 300hp, 435 mile range and costs $30k. $42k gets you 600hp and 500 mile range.

Holy shit.

[–] tastemyglaive@lemmy.ml 30 points 1 month ago (3 children)

They say this sort of thing, but they have insane abstractions of what China is really doing. Finance + economics + business leadership has a problem of sticking to broadly taught or popularized ideas that are myopic, divorced from reality, or just warped

[–] mrfugu@hexbear.net 23 points 1 month ago

common sense? pshhh if that was real then why are commoners so poor?

[–] CarbonConscious@hexbear.net 21 points 1 month ago (1 children)

Of course, because a bold but incisive plan that looks to go against conventional logic is not what the board wants, and that's ultimately who this person works for.

Those broad abstractions are the easiest thing to get agreement around at a shareholder meeting. Anything more complicated requires and actual understanding of global economics and business; so obviously, you can't count on that.

C-suite makes a lot more money sticking around putting on a pony show that lines up with investor expectations than they would making an unconventional move that looks dangerous, let alone if it actually doesn't work out.

[–] tastemyglaive@lemmy.ml 2 points 1 month ago

Ya it was attributed to stupidity by Femboy Stalin but it's more about class interest. It results from institutional capture and ideological censorship

[–] XxFemboy_Stalin_420_69xX@hexbear.net 13 points 1 month ago

inevitable result of a society which prizes stupidity and incompetence above all other attributes in its leaders

[–] BobDole@hexbear.net 28 points 1 month ago (1 children)

Please, President Xi, kill Ford and the other American companies making these toddler murdering monstrosities.

[–] DragonBallZinn@hexbear.net 26 points 1 month ago

Have the porks actually tried DOING SOMETHING?!?!?

Like, your market place won’t be a threat if you actually put all the subsidies and tax exemptions we keep throwing your way to good use for once.

I hope Mamdani wins and cynically uses DOGE to cancel as much corporate subsidies as possible as a mayor under the premise that they’re not keeping the bills down nor is porky making jobs.

[–] frogbellyratbone_@hexbear.net 23 points 1 month ago

maybe just maybe these idiots shouldn't have killed the EV1 program back in 2002,3.

[–] Llituro@hexbear.net 19 points 1 month ago

sicko-pog

[–] AcidLeaves@hexbear.net 16 points 1 month ago

I bet he doesn't even give a shit anymore cause he knows us protectionism will guarantee ford survives

[–] XxFemboy_Stalin_420_69xX@hexbear.net 14 points 1 month ago

so-far

[–] miz@hexbear.net 5 points 1 month ago

you think that's cool, Ford CEO? wait until you see what's in here! just put your head through this lunette