Ford’s EV Crisis: Why the F-150 Lightning Is Stalled, and China’s Battery Monopoly Could Be to Blame

Ford’s EV Crisis: Why the F-150 Lightning Is Stalled, and China’s Battery Monopoly Could Be to Blame

September 3, 2024, Marshall, Michigan — In 2024, Ford Motor Company announced a significant reduction in the production of its F-150 Lightning, the electric variant of its best-selling pickup truck. The decision comes as sales of the Lightning have plummeted, largely due to its higher price compared to its gasoline-powered counterpart. This challenge is not … Read more