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Ford CEO says EV cost parity could be delayed until after 2030

By Luke Gentile
Published May 31, 2023 10:07pm ET
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Ford CEO says EV cost parity could be delayed until after 2030
The price of manufacturing electric vehicles might not equal that of gas-powered vehicles until after 2030, when a less labor-intensive process becomes available, according to Ford CEO Jim Farley. Prices for construction of electric vehicles will stay above those for internal combustion engine vehicles for multiple generations of electric vehicle models to come, Farley said […]

The price of manufacturing electric vehicles might not equal that of gas-powered vehicles until after 2030, when a less labor-intensive process becomes available, according to Ford CEO Jim Farley.

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Auto Industry Cars Electric Vehicles Ford Green Agenda