Ford doubles Lightning production as electric truck battle with GM heats up

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DETROIT : Ford Motor Co said on Tuesday that it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles as the model has already attracted nearly 200,000 reservations ahead of its arrival this spring at U.S. dealers.Ford's announcement comes a day

DETROIT : Ford Motor Co said on Tuesday that it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles as the model has already attracted nearly 200,000 reservations ahead of its arrival this spring at U.S. dealers.

The Silverado E will be unveiled by GM Chief Executive Mary Barra on Wednesday in a remote session connected with the annual Consumer Electronics Show in Las Vegas. Ford originally had production capacity for 70,000-80,000 Lightnings. Farley said in the December interview that Ford aimed to double that over the next two years at the company's Rouge factory near its Dearborn, Michigan headquarters.

The automaker said it will have the annual capacity to build 600,000 electric vehicles globally within 24 months, when it aims to become"the clear No. 2 electric vehicle maker in North America" behind Tesla, which last year sold more than 900,000 EVs.

 

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