Ford (F) shipped 4,291 F-150 Lightning EV trucks in Q1 2023
Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.
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Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.
The U.S. Treasury is expanding definitions of vehicles like "SUV" to make more EVs from companies like Tesla and GM eligible for tax credits.
Ford aims to have an annual run rate of 2 million by the end of 2026.
After Tesla announced plans to lower prices of its electric vehicles, Ford has since followed suit with plans to reduce the cost of its Mustang Mach-E.
Be prepared to spend up to $8,000 more on 2023 Ford Mustang Mach-E models.
Ford is showing off a brand new electric vehicle with the Mustang name slapped on it. Idris Elba is there too.