Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the ...
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Ford shifts EV strategy, takes $19.5B write-down and drops current Lightning production
Ford (F) is taking a $19.B write-down of its electric vehicle division and making a significant pivot to its EV business as the company addresses lackluster demand for electric vehicles, high costs, ...
The Ford F-150 Lightning electric pickup debut strong in 2022, with strong sales through 2024. Declining demand and changes in the electric vehicle market has led to the end of production in 2025.
What a difference a couple of years makes. The Ford F-150 Lightning debuted for the 2022 model year as the first regular-production, all-electric pickup truck from a mainstream manufacturer. When it ...
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