Ford CEO anticipates EV price war, shakeout to favor China, and industry consolidation

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Ford Mustang Mach-E GT Performance EditionFord CEO Jim Farley sees the automotive industry “headed to a huge price war,” with the idea of “democratized EVs” coming soon. The comments were made within a conversation with analyst Toni Sacconaghi, as part of Bernstein’s 38th Annual Strategic Decisions Conference held earlier this week. In it, Farley took a few…