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Is Ford discontinuing the F-150 Lightning?

Ford’s Production of the F-150 Lightning
Ford has temporarily discontinued the production and shipping of the F-150 Lightning electric truck due to a potential battery issue. The automaker is currently investigating the problem, but there have been no accidents or injuries associated with it in customer use. As a result, there is no timeline for when production of the F-150 Lightning will resume.
It’s worth noting that the F-150 Lightning has been a popular electric vehicle, with Ford selling 18,000 pickups since production started in the spring of 2022. However, Ford recently announced price cuts for the F-150 Lightning, reducing the listed price on some trims by almost $10,000. These price cuts are possible due to improvements at Ford’s Rouge Electric Vehicle Center.
In addition, Ford has made changes to its production plans for the F-150 Lightning. The automaker will cut planned production of the electric pickup roughly in half next year, with an average volume of around 1,600 F-150 Lightnings per week starting in January 2025. This decision reflects Ford’s aim to match production with customer demand.
To summarize, Ford has temporarily discontinued the production and shipping of the F-150 Lightning due to a potential battery issue, and there is currently no timeline for when production will resume. However, Ford has made price cuts for the F-150 Lightning and adjusted its production plans to align with customer demand.

Did Ford lose $36,000 on every electric F-150 Lightning sold?

The F-150 Lightning drew oohs and aahs from the press when it was unveiled in May 2021. Yet the electric pickup has been plagued with defects that have required recalls. It sold a mere 24,165 Lightnings last year and lost roughly $36,000 on each EV in the third quarter.

Why is Ford Lightning not selling?

Last month, Ford said it would reduce production of its F-150 Lightning, as demand for electric vehicles (EVs) has been lower than expected.

Why is Ford shutting down EV production?

Doing now you might be thinking do people hate this truck. Why would it not sell. Well what if I told you Ford themselves secretly hate the EV. Push.

Is Ford losing money on F-150 Lightning?

Ford lost an estimated $36,000 on each of the 36,000 EVs it delivered to dealers in the third quarter, the company said in October, after announcing earlier it would slow the ramp-up of money-losing EVs, shifting investment to Ford’s commercial vehicle unit and citing plans to quadruple sales of gas-electric hybrids …

Is Ford shutting down electric vehicles?

Ford will shut down one of two production shifts in April at the Dearborn, Michigan, factory that builds the F-150 Lightning electric pickup. The move is part of “matching F-150 Lightning production to customer demand,” the company said Friday.

Why is Ford cutting lightning production?

Ford is cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth.

Why Ford is done selling Lightning?

Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.

Why is EV not the future?

Auto execs who were once trumpeting the potential of electric cars are even publicly acknowledging that EVs aren’t working. Industry analysts have pointed to several reasons for the slowdown, including insufficient charging infrastructure and a lack of affordable EV options.

Is Ford stopping production of the F-150 Lightning?

Ford Motor will cut planned production of its all-electric F-150 Lightning pickup roughly in half next year. It marks a major reversal after the automaker significantly increased plant capacity for the EV in 2023. EV demand has been slower than many expected, as prices and interest rates remain high.

Why is Ford discontinuing the F-150?

Jan 19 (Reuters) – Ford Motor (F.N) , opens new tab said on Friday it would reduce production of its F-150 Lightning pickup truck, as demand for electric vehicles (EVs) has been lower than expected.

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