GADGETS

Ford doubles F-150 Lightning production capacity to 150,000 vehicles per year


Ford has announced a new effort to double production capacity of the F-150 Lightning electric pickup truck to 150,000 vehicles a year. It follows news from December that it has capped pre-orders at 200,000 units, with CEO Jim Farley saying: “Our underwriting has outpaced our battery-powered electric vehicles.” In addition, the company will begin inviting the first group of booking holders to place orders for the F-150 Lightning starting Thursday, January 6th.

To boost production, Ford said it has created a small team of employees from “manufacturing, purchasing, strategy, product development and capacity planning” to find ways to speed production. The company said in a press release that it is also working with major suppliers “to find ways to increase the capacity of electric vehicle parts, including battery cells, battery trays and electric drive systems.”

The company indicated that the F-150 Lightning is now in the final pre-construction phase before moving into mass production for retail and commercial customers, with deliveries to begin this spring. The goal is to test production vehicles over a million miles or so in real-world customer conditions.

stronghold

On the order side, Ford said it’s using a wave-by-wave booking process, asking pre-orders to view an email invitation or verify their Ford.com account. The automaker has indicated that later pre-order holders may have to wait for cars from the next model year. (Ford also noted that more than 75 percent of bookers were new to the brand.)

Deliveries of the 2022 F-150 Lightning pickup truck will begin in spring 2022 with a $39,974 MSRP before any tax incentives available. However, some reports indicate that some dealers may deal customers up to an additional $30,000 to be among the first to receive their vehicles.

Ford recently announced that it will triple production of its Mustang Mach-E to 200,000 units a year by 2023, with plans to have “global capacity to produce 600,000 BEVs annually.” To do this, it is building what it calls “the most advanced and most efficient automobile production facility in its 118-year history in Tennessee,” along with three battery plants set up in collaboration with SK Innovation. All this represents a total investment of $11.4 billion with 11,000 new jobs created.

The F-150 Lightning is eligible for a full $7,500 tax credit as of today (along with any government support), but Ford is expected to reach the vehicle’s eligibility limit of 200,000 later this year. At this point, the credit will be phased out unless new legislation is passed that would change the rules.

All products recommended by Engadget are handpicked by our editorial team, independently of the parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button