Ford takes $19.5 billion hit
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Ford, F-150 Lightning
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Ford says the next generation of the F-150 Lightning pickup truck will transition to a range-extended EV powertrain.
Ford expects ~$19.5B in special items, mostly in Q4 2025, with the remainder across 2026–2027. Read more here.
Four years after Ford bravely electrified its best-selling vehicle, the F-150 Lightning pickup, it seemed ready to drop the model owing to slowing demand. Now, it turns out the company's got other plans.
It’s official. The all-electric pickup is dead, but Ford is promising the F-150 Lightning EREV will be “every bit
Ford said it had halted production of the current F-150 Lightning electric pickup, which it once hoped would spearhead a transition to EVs.
It's the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump administration's policies and weakening EV demand.
The Dearborn automaker will focus on higher-return products and businesses because of poor demand for EVs, high costs and regulatory changes.
LOUISVILLE, Ky. (WDRB) -- Ford Motor Co. and SK On will end their partnership that sparked the massive battery plant in Hardin County. According to the Wall Street Journal, SK On, a South Korean battery company, said Thursday that Ford will take sold ownership of the Kentucky plant as well as another in Tennessee.