How Ford can challenge a powerful Chinese EV maker’s potential entrance in the U.S.

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The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024.
Charly Triballeau | AFP | Getty Images

Forget Tesla, the real competition in electric vehicles is low-cost Chinese automakers. That’s what Ford CEO Jim Farley recently told Wall Street. He said he has a plan as one such EV maker looks to break into America.

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