"Ford is ending production of the fully-electric F-150 Lightning as part of a broader companywide shakeup of its electric vehicle plans, the company announced Monday. In its place, Ford will sell what's known as an "extended range electric vehicle" version of the truck, which adds a gas generator that can recharge the battery pack to power the motors for over 700 miles."
"The company did not share when the new F-150 Lightning will go on sale, or how much it will cost. Ford said it will report a charge of $19.5 billion in special items, most of which will be recorded in the fourth quarter, due to fact that this broader pivot will affect numerous vehicle and battery factories. This means Ford's next-generation all-electric truck - internally dubbed "T3" - is now dead."
"The platform that powers that truck - born out of a skunkworks program led by former Tesla executives Doug Field and Alan Clarke - will also underpin other future Ford vehicles. "Rather than spending billions more on large EVs that now have no path to profitability, we are allocating that money into higher returning areas, more trucks and van hybrids, extended range electric vehicles,""
Ford is ending production of the fully-electric F-150 Lightning and replacing it with an extended-range electric F-150 that includes a gas generator able to recharge the battery for over 700 miles. Ford did not provide a sale date or pricing for the new model. The company will record a $19.5 billion charge in special items, mostly in the fourth quarter, because the pivot affects multiple vehicle and battery factories. Ford canceled its next-generation all-electric truck, internally called T3, and abandoned plans for a next-generation commercial van. Ford will still release a mid-sized all-electric pickup in 2027 and shift investment to hybrids, extended-range EVs, affordable EVs, and energy storage.
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