Ford scraps fully-electric F-150 Lightning
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The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market.
The operating reality has changed, and we are redeploying capital into higher-return growth opportunities,” Ford CEO Jim Farley said.
Gov. Andy Beshear has long touted Ford's planned Kentucky EV battery plant. He blamed recent changes on Rep. Brett Guthrie and President Trump.
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Ford scraps plans for electric pickup at BlueOval City, turns to gas-powered truck models
Ford Motor Company is scrapping plans to manufacture a next-generation electric pickup truck at BlueOval City in West Tennessee, looking instead to gas-powered pickup trucks with more stable paths to profit.
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.
By Nora Eckert Dec 15 (Reuters) - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand.
It’s official. The all-electric pickup is dead, but Ford is promising the F-150 Lightning EREV will be “every bit