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Posted on December 12, 2023

Ford slashes production target for all-electric F-150 Lightning to match demand

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Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher priced premium electric vehicles. The automaker didn’t […]

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