Reported 26 days ago
Ford Motor Company announced it will halt production of its F-150 Lightning electric pickups for six weeks, from November 18 to January 6, as part of ongoing production adjustments. Despite a 45% rise in Ford's U.S. EV sales this year, production has been scaled back, with the company shifting focus towards hybrid vehicles. The move follows prior reductions in F-150 Lightning output amid challenges to profitability, and comes as Ford faces significant financial pressures, including a projected $5 billion loss on EVs this year.
Source: YAHOO