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Ford is cutting F-150 Lightning production due to waning demand

Ford is cutting production of the electric F-150 Lightning pickup. Although sales increased by 55 percent last year, they're growing more slowly than the company anticipated.

With that in mind, as well as the fact Ford is readying next-gen EVs, the company has decided to pull back on F-150 Lightning production for the foreseeable future. Customers love the F-150 Lightning, America's best-selling EV pickup,” Ford President and CEO Jim Farley said. “We see a bright future for electric vehicles for specific consumers, especially with our upcoming digitally advanced EVs and access to Tesla's charging network beginning this quarter."

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