The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and forth as the White House changes hands doesn't help, but the adoption rate of electric vehicles will continue to grow, Ford Motor's (F.N), opens new tab executive chairman Bill Ford said on Wednesday.
The CEO of Ford said when he talks with politicians in Washington, he gets very different viewpoints from the two parties.
He said Republicans question the need for EVs, saying the U.S. sector trails China and they don't want to use Chinese technology. Meanwhile, Democrats are pushing the industry to make more EVs and asking what they can do to accelerate the process.
The Biden administration last month handed Detroit automakers a major win by easing proposed rules that would have forced them to scale back production of gas-guzzling vehicles or face billions of dollars in fines.
Bill Ford said the transition to EVs will be gradual and determined by consumers. "We're not shoving anything down anybody's throat," he said.
The growth rate on EV sales has slowed, but globally they are being adopted quickly and Ford will follow even as it hedges it bets with its gasoline-powered and hybrid electric vehicles, he said at a Detroit Free Press event outside Detroit.
While not commenting on the race between U.S. President Joe Biden, a Democrat, and former president Donald Trump, a Republican, Bill Ford said he wishes the country would pick a path so the industry can plan better.
"Our planning timeframe is…
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Given the financial losses Ford has faced in transitioning to electric vehicles, do you think political uncertainty is to blame, or are there other factors at play?
Most news are lies or just share the same information as other news
@9LM6SVY2wks2W
I do not think Evs are the solution to emissions problems in the US, and I think other problems should be dealt with before cars are even considered. If someone was to look up what the leading emissions problems are in the US, cars is not the only factor by a long shot.
@9LM5XQY2wks2W
Combustion engines will stay for a long time and we are not ready to switch to full electric.
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Considering the different viewpoints from political parties on EVs, how do you think these divisions impact the speed at which the U.S. can compete in the global auto industry?
@9LM62KP2wks2W
coal power plants put out way more co2 than all of the cars driving now
@ISIDEWITH2wks2W
How do you feel about the statement that the auto industry needs regulatory certainty to plan for the future, and the impact political indecision has on this?
@9LM763Z2wks2W
The fact that we do always have to face the future and in order to help it be less stressful is being able to plan our future before it gets out of hand.
@9LLFVPR 2wks2W
I think that what happens in the present is important because it effects the future.
@9LM6WQG2wks2W
how the future and the impact political
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