"Ford's EV Transition Woes: Lightning Production Cuts and Job Layoffs"

Ford announced a reduction in production of its F-150 Lightning electric pickup truck due to matching production with customer demand, signaling a slower-than-expected transition to electric vehicles (EVs) in the automotive industry. Despite initial aggressive targets, the growth rate of EVs is slowing, leading traditional carmakers like Ford to scale back their EV production plans. This decision impacts the automotive industry's shift to EVs, including Ford's operations in Kentucky, and raises questions about the future of EV investments and production in the region.