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Ford Suspends Production of Electric F-150 Pickup Due To Poor Sales

Charlie Kirk Staff

11/02/2024

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Ford Suspends Production of Electric F-150 Pickup Due To Poor Sales

The Biden-Harris administration’s initiative to replace internal combustion engines with battery-powered vehicles has encountered another obstacle, as more Americans are rejecting Vice President Kamala Harris’ previous stance on the widespread adoption of electric vehicles (EVs).

On Thursday, Ford Motor Company announced it will pause production of its electric F-150 Lightning from November 18 to January 6. A spokesperson stated, “We continue to adjust production for an optimal mix of sales growth and profitability.”

This pause comes less than a year after Ford announced it was permanently cutting a production shift at its suburban Detroit plant, where the truck is manufactured, according to the Wall Street Journal.

The company has reported losses exceeding $58,000 on each electric vehicle sold this year, with total losses across all its EV lines reaching $1.22 billion through the third quarter. In 2023 and 2022, Ford incurred nearly $7 billion in losses within its EV division.

In April, Ford postponed the launch of a three-row electric SUV that was set to be produced at the Oakville Assembly Complex in Ontario, Canada. Then, in June, the company delayed its plans to manufacture electric F-150 Lightnings at a facility in Tennessee.

In July, Ford announced it would shift production of its diesel-powered F-Series Super Duty pickup trucks to the Canadian plant. Although the company still plans to launch the electric SUV, the start date has now been postponed to 2027.

Bloomberg reports that Lightning sales are up this year, but they are still falling far short of the company’s expectations in the face of waning consumer interest in EVs.

And, as the Biden-Harris regime continued its war on fossil fuels and pushing “green” energy alternatives, yet another electric vehicle (EV) maker sought bankruptcy protection in June.

Fisker filed for bankruptcy protection late Monday and will seek to salvage its operations by selling assets and restructuring its debt. The move comes after the company burned through cash while trying to increase production of its Ocean SUVs, CNBC reported.

The highly competitive electric vehicle (EV) market has witnessed several companies, such as Proterra, Lordstown, and Electric Last Mile Solutions, filing for bankruptcy in the last two years. They, too, struggled with declining demand, difficulties in fundraising, and operational challenges stemming from global supply chain issues.

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Charlie Kirk is the Founder and President of Turning Point USA, a national student movement dedicated to empowering young people to promote the principles of free markets and limited government.

Charlie is also the host of “The Charlie Kirk Show” podcast, which regularly ranks among the top-10 news shows on Apple podcast news charts, and is the host of the nationally syndicated daily radio show on the Salem Radio Network live from 12 - 3 PM ET.
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