Ford F-150 Lightning production halted until 2025
New production of the Lightning will be put on hold to address high inventory.
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New production of the Lightning will be put on hold to address high inventory.
Ford claims to have sorted out battery resource issues, increased plant capacity, and is planning to boost production of the F-150 Lightning throughout 2023.
Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.
Ford's EV losses were offset by profits in its other businesses.
Ford has not yet determined when production and shipments on the electric F-150 will resume.
The Ford F-150 Lightning's starting price is being raised due to issues with high demand and shortage of manufacturing materials and components.
This is the second time in two months that Ford has raised prices on its F-150 Lightning EV.
The Detroit automaker cites unprecedented demand for its upcoming F-150 Lightning pickup and promises to increase production for the 2023 model year.
In its recent October 2021 earnings results release, Ford shared that its upcoming all-electric pickup truck has already secured over 160,000 reservations.
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