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TechCrunch
TechCrunch
3d ago 16 views

Ford isn't going to make more F-150 Lightnings for a while

Ford has paused production of its F-150 Lightning due to a fire at an aluminum supplier, prioritizing gas and hybrid models instead. This shift is crucial as it impacts Ford's recovery from significant financial losses.
Ford isn't going to make more F-150 Lightnings for a while
A What happened
Ford Motor Company has announced a temporary halt in the production of its F-150 Lightning electric truck, focusing instead on its gas and hybrid F-Series models. This decision follows a significant fire at Novelis' aluminum plant, which has severely impacted Ford's supply chain and production capabilities. The automaker reported that the fire could cost it up to $2 billion in earnings for the fourth quarter, leading to a downward revision of its profit forecast for 2025. Despite a year-over-year sales increase for the F-150 Lightning, the volume remains small compared to the gas-powered F-Series trucks. To mitigate losses, Ford plans to ramp up production of its F-Series trucks by over 50,000 units in 2026, which is expected to create around 1,000 new jobs.

Key insights

  • 1

    Production Shift

    Ford prioritizes gas and hybrid models over electric due to profitability.

  • 2

    Financial Impact

    The fire at Novelis could cost Ford up to $2 billion in earnings.

  • 3

    Job Creation

    Ford's production increase plan may create 1,000 new jobs.

Takeaways

Ford's decision to pause F-150 Lightning production highlights the challenges faced by automakers in balancing electric vehicle growth with profitability, especially in light of supply chain disruptions.