A report says Ford intends to spend $850 million to double its original output goals for the electric truck because of so much interest by prospective customers.BY ANNIE WHITE AUG 24, 2021
JOHN ROECAR AND DRIVER
A report from the Reuters news service says that Ford has doubled its production target for the F-150 Lightning electric pickup to 80,000 for 2024. The move is said to be based on strong demand from both retail and commercial customers.
Ford says it has 120,000 $100 pre-orders for the EV truck, which is scheduled to launch next spring with a 15,000-unit run for the 2022 model year. Ford will spend an extra $850 million to reach its new goal, according to the Reuters report. In a statement to Car and Driver, Ford didn’t confirm the details of its production plans but said it “will continue to look for ways to break constraints and meet customer demand.”
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