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Ford CEO Sees BYD as Real Competitor, Says Tesla Hasn't Updated Lineup
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While assessing the company's competitors, Jim Farley, CEO of Ford Motor (F.US), disclosed that he looked not at Tesla but at China, and that he once spent six months driving XIAOMI-W (01810.HK)'s SU7 Ultra.

Tesla, despite its outstanding work, hasn't updated its vehicle lineup, Farley explained. If Ford aims to become the world's best carmaker, it needs to pay attention to overseas competitors. Among them are not only XIAOMI-W but also BYD COMPANY (01211.HK), an electric vehicle leader in China.

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