Ford scraps fully-electric F-150 Lightning
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Ford announced today it has cancelled the all-electric F-150 Lightning in favor of an extended-range EV. This shift, along with a new battery segment, is a major pivot.
Ford says the next generation of the F-150 Lightning pickup truck will transition to a range-extended EV powertrain.
The automaker is ending production of its electric pickup while planning a series-hybrid F-150 and a new low-cost EV platform. “The company is shifting to higher-return opportunities,” Ford says.
Ford confirms the fully electric F-150 Lightning ends production this year, but the Lightning name isn’t going anywhere.
Ford announced a series of moves in its EV business, pivoting to a hybrid and extended range EV (EREV) strategy instead of full EVs, and will take a whopping $19.5 billion in charges related to the move.