More
Comments0
Science & Tech

Ford Cuts F-150 Lightning Production As Demand For Electric Vehicles Slows

By theconverser.com

Ford announced it is reducing production of its F-150 Lightning trucks as demand for electric vehicles has slowed. The automaker said that its Michigan Rouge Electric Vehicle Center would only operate one shift per day starting on April 1, 2024. The move will impact roughly 1,400 employees.

The company expects that about half of the employees will transfer to its Michigan Assembly plant while the others will be placed in new roles at the Rouge Electric Vehicle Center. Ford is also offering employees the option to take advantage of a special retirement program.

Ford sold over 24,000 Lightning trucks in 2023, a 55% increase from 2022. However, dealers have reported a slowdown in sales of the electric truck and have a growing number of unsold vehicles on their lots.

While Ford is cutting back production on its electric vehicles, the company plans to increase production of its gas-powered Bronco SUVs and Ranger pickup. Ford said it is adding a third shift at its Michigan Assembly Plant to meet the increased demand for those vehicles.

“We are taking advantage of our manufacturing flexibility to offer customers choices while balancing our growth and profitability,” said Ford CEO Jim Farley in a statement.

spot_img

More from this stream

Recomended

Celebrating 40 Years of Back to the Future: Why This Timeless Trilogy Should Remain Untouched!

Discover how the trilogy has skillfully sidestepped the pitfalls of remakes and the overwhelming expanded universe trend that has affected many cherished franchises. Learn more from The Converser.

Unveiling the ‘Slopocene’: What AI’s Shortcomings Can Teach Us About Its Hidden Mechanics

Discover a thought-provoking idea from The Converser: what if we embrace AI glitches instead of trying to eliminate them? Explore the potential benefits of fostering these anomalies in artificial intelligence.

“Why Invest Millions in Cures for HIV When We Already Have Effective Treatments?”

Explore the debate on whether the investment in research for an HIV cure is justified, considering the effectiveness of current management and prevention methods. Discover insights from The Converser on this critical health issue.

How Trump’s Worldview is Reshaping Global Alliances: What It Means for Middle Nations

Discover how the US president's vision of separate spheres of influence dominated by the US, China, and Russia impacts small states, presenting both risks and opportunities. Insights from The Converser.

“Heat Trapping Surges: Earth Holds More Heat Than Expected, Doubling Over Two Decades!”

Discover how real-world measurements reveal that the Earth is trapping significantly more heat than most climate models predict. This discrepancy poses serious challenges for our understanding of climate change. Insights from The Converser.

Why RFK Junior’s Vaccine Safety Claims Are Misleading—and the Potential Consequences for Public Health

"Explore the concerning state of vaccine uptake in the US and its global implications, as highlighted by The Converser. Stay informed on this critical issue affecting public health worldwide."

Terms of use

Privacy Notice

More

© Copyright - The Converser