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F 150 Lightning

All articles tagged with #f 150 lightning

business23 days ago•2 min saved

Ford Reshapes Future with New Electric and Hybrid Strategies Amidst Market Challenges

Ford has ceased production of its all-electric F-150 Lightning truck due to lack of profitability and declining consumer demand, signaling a potential slowdown in the shift toward electric vehicles in the US, especially as government incentives diminish and consumer preferences favor more affordable options. Ford plans to focus on more profitable vehicle segments and introduce a smaller, more affordable electric pickup in the future.

via Yahoo Finance|

#automotive-industry #business #electric-truck

auto-industry26 days ago•1 min saved

Ford recalls over 273,000 vehicles for rollaway risk

Ford is recalling nearly 273,000 vehicles, including F-150 Lightning, Mustang Mach-E, and Maverick models, due to a parking function failure that could cause cars to roll away, with software updates available to fix the issue.

via CBS News|

#auto-industry #f-150-lightning #ford-recall

business29 days ago•2 min saved

Ford Reassesses EV Strategy Amid Sales Challenges and Production Cuts

Ford is ending production of the high-end $70,000 F-150 Lightning EV pickup due to poor sales and shifting focus to more profitable hybrid and extended-range electric vehicles (EREVs), with plans to introduce affordable EVs starting around $30,000 and aiming for profitability by 2029.

via Electrek|

#business #electric-vehicles #erev

business29 days ago•2 min saved

Ford faces $19.5B loss, cancels F-150 Lightning, shifts to hybrids

Ford is shifting its strategy from fully electric vehicles to focus more on hybrids and energy storage, dropping the all-electric F-150 Lightning and reassigning its EV investments, resulting in nearly $20 billion in charges through 2027. The move aims to align with customer demand for affordable, versatile vehicles and adapt to changing regulations, with plans to make 50% of its global volume hybrids or extended-range EVs by 2030, and to profitably develop its EV business by 2029.

via Axios|

#battery-storage #business #electric-vehicles

business29 days ago•3 min saved

Ford withdraws F-150 Lightning amid EV setbacks and massive charges

Ford is discontinuing its fully-electric F-150 Lightning pickup due to financial losses and declining demand, shifting focus to hybrid and gasoline vehicles, and reallocating investments toward more profitable segments like trucks, vans, and hybrids, amid broader industry challenges with EV adoption.

via AP News|

#automotive-industry #business #electric-vehicles

business29 days ago•4 min saved

Ford withdraws from EV plans, faces $19.5 billion loss

Ford has ceased production of its electric F-150 Lightning pickup due to unprofitability, shifting focus to hybrid models and smaller, more affordable EVs, while repurposing battery plants for grid storage and industrial use amid changing market and regulatory conditions.

via NPR|

#automotive-industry #battery-production #business

business29 days ago•3 min saved

Ford withdraws F-150 Lightning and reallocates $19.5 billion in EV strategy

Ford is discontinuing its all-electric F-150 Lightning and other large EVs to focus on developing smaller, more affordable vehicles and hybrids, amid declining EV demand and high battery costs. The company plans to retool factories, invest $19.5 billion in restructuring, and aims for 50% of its global vehicle sales to be hybrids or EVs by 2030, with profitability expected by 2029.

via Fortune|

#automotive-industry #business #electric-vehicles

business29 days ago•2 min saved

Ford Withdraws F-150 Lightning EV Amid $19.5 Billion Restructuring

Ford is shifting its EV strategy, abandoning plans for a large all-electric F-150 Lightning in favor of extended-range hybrids and more hybrids across its lineup, citing weaker domestic EV demand and regulatory changes. The company will focus on affordable electric models, repurpose a plant for gas vehicles, and enter the battery storage business, while collaborating with Renault for European EVs and continuing to produce gas-powered commercial vehicles.

via WIRED|

#business #electric-vehicles #ev-plans

business2 months ago•2 min saved

Ford Mulls Cancelling F-150 Lightning EV Amid Uncertainty

Ford is considering discontinuing the F-150 Lightning electric pickup due to a supplier fire and shifting focus to the new, more affordable UEV platform aimed at producing lower-cost EVs, including a $30,000 truck, which could lead to the end of Lightning production despite its relatively steady sales.

via supercarblondie.com|

#business #ev #f-150-lightning

business2 months ago•2 min saved

Ford Considers Cancelling the Electric F-150 Lightning

Ford is considering canceling the F-150 Lightning electric pickup due to production halts, supply chain issues, and significant financial losses in its EV division, as the company shifts focus to more affordable, smaller electric vehicles with a new platform expected to launch in 2027.

via Electrek|

#business #electric-pickup #ev-losses

business1 year ago•3 min saved

Ford's May Sales Surge 11% Driven by EVs and Hybrids

Despite scaling back its EV strategy due to slower-than-expected demand, Ford's electric vehicle sales surged by 64.7% in May 2024, with significant growth in models like the Mustang Mach-E and F-150 Lightning. The company sold over 37,200 EVs in the first five months of the year, nearly doubling last year's figures, even as it plans to focus more on hybrids.

via Electrek.co|

#business #electric-vehicles #f-150-lightning

automotive1 year ago•6 min saved

"Ford's Aggressive Price Cuts Aim to Spark F-150 Lightning Sales Surge"

Ford has slashed prices of its F-150 Lightning electric pickup truck by up to $5,500 in an effort to boost sales, while Polestar's sales have dropped 40% in Q1. The NTSB is investigating a fatal crash involving a Ford Mustang Mach-E using the BlueCruise driver assist feature, and the EPA is cracking down on toxic chemicals used in the auto industry.

via Jalopnik|

#automotive #bluecruise #electric-vehicles

automotive1 year ago•3 min saved

Ford Slashes Prices and Offers Rebates to Compete with Tesla

Ford is set to resume shipments of its F-150 Lightning electric pickup trucks after addressing quality issues, with reduced prices for certain models ranging from $2,000 to $5,500. The company's Chief Operating Officer cited market dynamics and inventory as factors behind the price adjustments, emphasizing the need to find the right balance for new electric vehicle technology. Ford has also implemented goal-based incentives for dealers to boost sales, following delays in shipments of its Super Duty pickups last year due to quality concerns.

via CNBC|

#automotive #electric-vehicles #f-150-lightning

automotive1 year ago•1 min saved

"Ford Offers Discounts and Rebates to Tesla Owners for F-150 Lightning and Mustang Mach-E"

Ford has introduced the Tesla Competitive Conquest Bonus Cash program, offering a $1,500 discount on the F-150 Lightning for existing Tesla owners in the US, which can be combined with other incentives for potential savings of up to $14,000. Additionally, Ford has discounted the 2024 F-150 Lightning models and is eligible for the full $7,500 tax credit, while also gaining access to the Tesla Supercharger Network.

via TESLARATI|

#automotive #electric-vehicles #f-150-lightning

automotive1 year ago•0 min saved

Ford Slashes Prices on Electric Vehicle Lineup

Ford Motor Co. has reduced the prices of its electric F-150 Lightning pickup truck by up to 7.5% as it prepares to resume deliveries this month after a production halt earlier this year. The price cuts partially reverse previous hikes and the biggest reduction of $5,500 applies to the Flash extended-range model, which now starts at $67,995.

via Bloomberg|

#automotive #electric-vehicles #f-150-lightning