Jim Farley: Legacy Auto Dead
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The CEO of Ford, Jim Farley, offered a very candid interview detailing the state of legacy auto.
In this video I discuss how the "competition is coming" crowd was totally full of crap. Now it is being revealed that EVs are more than just taking an engine and hooking a battery to it. An auto company cannot compete because they have to become software writers, something they never did.
Essentially, Farley has stated the path most auto makers are taking is wrong and will lead to their demise.
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