F150 Lightning Production Down 50%! Electric Trucks Are A Risky Business

From Out of Spec Podcast.

Join Francie as she goes over the recent 50% decrease in production for Ford’s F150 Lightning EV trucks. She goes over Ford’s reasoning for the ramp down, the current numbers for electric trucks on the market, similar trends in the space, and more.

Source links from today’s show:
Automotive News Article on Ford’s internal memo about Lightning production ramp down: https://www.autonews.com/manufacturing/ford-cutting-f-150-lightning-ev-production-half-memo-says
Ford’s Q3 2023 Earnings Report Transcript: https://s201.q4cdn.com/693218008/files/doc_events/2023/Oct/26/ford-q3-earnings-transcript.pdf
Volvo AutoNews Article: https://www.autonews.com/talk-top/evs-could-help-volvo-climb-new-sales-record

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#fordlightning #electrictruck #r1t