EV Truck News

Stay updated with the latest EV truck news, rumors, in-depth articles, and site updates—all in one place.
Jim Farley took over as Ford CEO on October 1, 2020, succeeding former Steelcase CEO Jim Hackett. The big difference: Farley is a recognized "car guy," the highest praise you can receive in the automotive industry. And he relies on solid car people within his leadership team to turn his vision into sheetmetal and software. Now, Ford's product pipeline has never looked better; it includes a lot of game-changers. People cringed at the notion of an electric SUV badged "Mustang," but Farley's subbrand strategy is working, and the Mustang Mach-E is already outselling the conventional muscle car. Continue reading @ MotorTrend
According to a recent post on AutoBlog.com, the waiting list for Ford's e-truck is already over three years long! Initially, Dearborn said they planned to produce 15,000 units in the first year, when the truck launches in spring 2022. The following year, according to a Ford source, production would ramp up to 55,000. In 2024, that number would increase to 80,000 units, already representing a doubling from the initial target of 40,000 thanks to the authorization of an $850 million spend. If you do the math, that's 150,000 units. But as CEO Jim Farley told CNBC on Tuesday, Ford has received 200,000 reservations already. In other words, over three years of production capacity are already spoken for. Continue Reading @ AutoBlog
Ford Motor Co. Executive Chair Bill Ford this week exercised stock options to buy nearly 2 million shares of the automaker's common stock for approximately $20.5 million, a move the company characterized as a signal of his belief in where the business is headed. “The decision to exercise these options to purchase almost 2 million shares of common stock reflects Bill’s confidence in the future of the company and our plan to create tremendous value for all of our stakeholders," Ford spokesperson Mark Truby said in a statement. "In this transaction, Bill is paying the exercise price for these options in cash to hold the entirety of the almost 2 million resulting shares of common stock without any shares sold to cover the exercise price...
We all know that all-electric versions of the Ford Explorer and Lincoln Aviator are set to arrive sooner or later. Both crossovers will be following the F-150 Lightning as the next Blue Oval models to arrive without combustion engines under the hood. We also know that a new, dedicated EV architecture will underpin both crossover EVs. However, the latest development dictates a delay to the arrival of the next Ford EVs. That's according to a memo sent out to Ford's suppliers, obtained by Automotive News. According to the memo, the new EVs will enter production in December 2024. Continue reading @Motor1.com
I heard from my dealer today. They wanted to know if I wanted to be one of the 10 people from their dealership who would be able to order the Lightning in January. The suggestion was they wanted those 10 slots to go to people who lived near the dealership. They indicated that they don't know final pricing, of course, and that they aren't sure we will be able to get the exact truck that we are hoping to build, based in history with other models. So I put myself in for the process, waiting to see what the package actually is so I can order if it still makes sense. No orders until January, was the clear message I got. I would suspect early January, based on the tone. So it looks like the dealers have the ability to pick within the...
The Blue Oval stopped accepting reservations for the much-hyped pickup on Wednesday as it prepares to start fulfilling orders in 2022, a company spokeswoman confirmed to Insider. "We've closed reservations so we can start accepting orders," reads a message on Ford's website. In January, Ford will begin inviting reservation holders to configure and order their trucks, the spokeswoman said, with customer deliveries set to start in the spring. But Ford's massive bank of Lightning preorders means it could be years before some people who placed a deposit actually receive their trucks. Anyone who missed the boat on reservations will need to hang tight until orders open more widely. That wait will be even longer. Ford has raked in nearly...
The 2022 Ford F-150 Lightning has also made Popular Science‘s Top 100 New Technologies of 2021 list in the Automotive category. The F-150 Lightning made this prestigious list thanks to its impressive stats, which include up to 563 horsepower and 775 pound-feet of torque, a 0-60 time of 4.5 seconds, up to 10,000 pounds of max towing, 9.6 kW of portable power, as much as 300 miles of range, and a 150-kilowatt fast charger that can add an additional 54 miles of range in just 10 minutes. “When we set out to electrify the F-150, we were so excited about the prospect of delivering the most innovative truck Ford has ever built,” said Linda Zhang, F-150 Lightning chief engineer. “We wanted to provide some shock and awe to our customers in a...
In a recent AutoList survey, Ford scored exceedingly well, as 38 percent of respondents chose the Ford F-150 Lightning as the all-electric pickup truck they would most likely buy. The Chevrolet Silverado EV came in second with 26 percent, while 20 percent of respondents picked the Tesla Cybertruck as their top electric truck. However, Tesla continued to score well with the 18 to 23 and 24 to 29 age demographics. The GMC Hummer EV took fourth place with 11 percent, while just five percent of buyers selected the Rivian R1T as their most desired pickup. Continue Reading @ FordAuthority
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