![]() ![]() That being said, Ford reported a record month for F-150 Lightning sales in November, selling nearly 4,400 trucks in the month - a 100% jump from a year ago. ![]() Read more: Are electric cars more expensive to insure?.For instance the F-150 Lightning Pro starts at $49,995 (before tax credits), whereas a base XL SuperCrew F-150 gas-powered truck starts at $40,780. When Yahoo Finance reached out to Ford for comment, the automaker said it was “matching production to customer demand.” Clearly, customer demand has fallen, as consumers balk at paying higher prices for EVs compared to gas-powered cars, as well as paying higher financing costs compared to only a couple of years ago. Ford has now told its F-150 Lightning suppliers that it is planning to slash that output to around 1,600 Lightnings assembled per week, or half the original goal, per a memo obtained by Automotive News. The next domino to fall in Ford’s evolving electric vehicle game plan? The slowdown in production plans for the F-150 Lightning EV pickup.Īs recently as June of this year, Ford was targeting annual production of the F-150 Lightning at its Rouge EV plant in Dearborn, Mich., of 150,000 by the end of the year - which is the installed capacity of the plant - translating to 3,200 vehicles assembled per week. Ford slashes F-150 Lightning EV production, says it's matching customer demand Yet the Lightning set a monthly sales record in November ![]()
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