On the Dash: Ford is accelerating development of affordable EVs to compete with Chinese automakers. Chinese brands continue expanding globally, increasing competitive pressure in Europe and North America. Current U.S. tariffs and connected-vehicle restrictions remain significant barriers to Chinese vehicle imports. Ford CEO Jim Farley informed employees Thursday that the company is preparing for the entry of Chinese automakers into the U.S. market within the next five to ten years, despite existing trade restrictions. He stated that Ford is developing a new generation of affordable EVs to compete on cost and efficiency with Chinese rivals, according to Reuters. Farley mentioned that Chinese automakers are more likely to enter the U.S.…
