Ford, Electric
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The Wall Street Journal says Ford execs are considering canceling the electric truck entirely after putting it on indefinite hiatus.
Ford executives are reportedly weighing whether to discontinue the all-electric F-150 Lightning pickup, just a few years after the truck launched in 2022.
While Ford told Ars it doesn’t comment on speculation on its future product plans, the automaker said that “F-150 Lightning is the best-selling electric pickup truck in the US—despite new competition from CyberTruck, Chevy, GMC, Hummer and Rivian—and delivered record sales in Q3.”
Ford Motor executives are reported to be in discussions to kill the all-electric pickup. Experts say they expect many automakers to end EV models.
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The Ford F-150 Lightning Was Supposed To Transform The Industry. Now, Ford May Pull The Plug
But as the WSJ notes, Ford's EV sales have declined in the wake of the electric tax credit going away. Total EV sales dropped 24% in October, and the Lightning has been known as a costly loss-leader for years. And now, it may no longer be useful for Ford to keep around at all.
The Ford F-150 Lightning and the Tesla Cybertruck are the two best-selling electric pickup trucks in the U.S. and emotions run very high when comparing them.