Autos

Ford plans to nearly double production of its new all-electric F-150 Lightning pickup

0


DETROIT – Ford Motor on Tuesday said it plans to nearly double annual production capacity of its upcoming electric F-150 pickup to 150,000 vehicles per year by mid-2023, citing strong consumer demand.

The increase is a positive sign of demand for the F-150 Lightning as well as electric vehicles in general but also shows Ford significantly underestimated demand for the truck, causing it to now scramble to boost manufacturing of it. This is the second time Ford has said it plans to double production of the vehicle, which is due out in the spring. Initial output was set for about 40,000 units.

“The reception of this vehicle has been absolutely incredible,” Kumar Galhotra, Ford president of…



Source cnbc.com

0 0 votes
Article Rating

Nord Stream 2 is major leverage against Russia: Ex-German ambassador

Previous article

China property developers may face greater scrutiny: Portfolio manager

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Autos