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Of all the legacy carmakers, Ford Motor Company is best positioned to survive the onslaught of Chinese auto brands. Ford dominates in pickup trucks and commercial vans, industry segments in which Chinese automakers are not yet competitive abroad. They are also the most profitable markets on a per unit basis. The high tariffs and import bans that are designed to keep Chinese models out of North America are of little help to Ford, but serve ironically as a lifeline to Japanese and European companies who exist only as long as the tariffs do.

But Jim Farley, the CEO of Ford Motor, nevertheless is making huge changes at Ford based on his recent experiences in China. In a new strategy, Ford will abandon entirely its ambitions to compete in China in the passenger vehicle markets, and everywhere else in electric vehicles made by Ford's domestic factories. Instead, they will aggressively build new electric vehicle models in light and heavy trucks, designed by their engineers in the US, but produced and distributed by their Chinese joint venture partners.

Resources and links:

Kelly Blue Book, The 25 Best-Selling Cars of 2024 … So Far
https://www.kbb.com/best-cars/....top-10-25-best-selli

Wall Street Journal, What Scared Ford’s CEO in China
https://www.wsj.com/business/a....utos/ford-china-ev-c

Wall Street Journal, Ford Cuts Lightning Output in Latest Sign of EV Downshift
https://www.wsj.com/business/a....utos/ford-to-cut-pro

Wall Street Journal, A Chinese Phone Maker Did Something Apple Couldn’t: Make an EV
https://www.wsj.com/business/a....utos/a-chinese-phone

New Report: SUVs, Ford F-series, Toyotas are 2023’s bestselling cars in America
https://insurify.com/car-insur....ance/insights/bestse

Americans Review The BYD Shark Plug-In Hybrid Pickup And Love It
https://insideevs.com/news/733....031/americans-review

Motor Trend, It's No Mystery Why the F-150 Lightning EV Isn’t Selling Like Ford Hoped
https://www.motortrend.com/new....s/ford-f-150-lightni

Reuters, Changan Ford Motor to set up electric car JV with Chongqing Changan Auto
https://www.reuters.com/market....s/deals/changan-ford

Investors Business Daily, Ford's China Partner Makes Bold EV Move In World's Top Auto Market
https://www.investors.com/news..../fords-china-partner

Closing scene, Gaoyi Mountain Scenic Area, Chenzhou, Hunan Province

Hebrews? Africans? Or Does It Matter? Book On Sale Now!

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HAPI Talks with Anthony Browder & Dr. Kelechi Egwim about the First National Black Credit Union.

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Look around you. Where are you? Where is this place you are occupying? Somewhere in a room, maybe in a city on a continent on a planet orbiting a star in a galaxy among billions. But… where is all of that? While this may feel like a daft question, it turns out that the concept of an absolute position is something humans made up.

In a nutshell, the universe is a big bag of space that has things in it. If someone removed all these things, the stars and planets and black holes and dust, there would just be empty space left. In empty space, the concept of having a position loses all meaning. Empty space is uniform, the same everywhere.

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The U.S.-Israeli war on Iran and the closure of the Strait of Hormuz have raised fuel costs and caused shortages of key fertilizers around the world, wreaking havoc on the agricultural industry. Adam Hanieh, director of the SOAS Middle East Institute at the University of London, says the effects could be felt for a long time, particularly in the Global South.

“About a third of the world’s basic fertilizers now pass through the Strait of Hormuz,” says Hanieh, who adds that the “coming food crisis” is compounded by the climate and debt crises in much of the developing world. “It’s a perfect storm.”

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The untold story of Jelani Henry, who says Facebook likes landed him in Rikers.

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Earth and dung have been in use for thousands of years as a building material, but few houses surpass those built by the women of the Himba tribe. Like giant pots, these tiny houses they keep the occupants cool in the day and warm at night. This is sustainable green building at its best, designed to fit the environment and melt back into the landscape when the family moves on.

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