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Ford is doubling the production capacity of the F-150 Lightning to 150,000 vehicles a year


Ford is making new efforts to double the production capacity of the F-150 Lightning electric pickup to 150,000 vehicles a year, the company said. This followed news in December that it had limited pre-orders to 200,000 units, and CEO Jim Farley said “we are fully subscribed to our battery-powered electric vehicles”. In addition, the company will start inviting the first group of reservation owners to order the F-150 Lightning from Thursday, January 6.

To increase production, Ford said it has created a small working group of employees from “manufacturing, procurement, strategy, product development and capacity planning” to find ways to speed up production. It is also working with key suppliers “to find ways to increase the capacity of electric vehicle parts, including battery cells, battery carriers and electric drive systems,” the company said in a press release.

The company pointed out that the F-150 Lightning is now in the final stages before construction before it goes into mass production for retail and commercial customers, with delivery this spring. The goal is to test serial vehicles over a million miles or so in real customer conditions.

Ford

As for the order, Ford said it uses the wave-by-wave booking process, asking order holders to track the invitation via email or check their Ford.com account. The carmaker has indicated that later pre-order owners may have to wait for vehicles from next year’s model year. (Ford also noted that over 75 percent of booking users were new to the brand.)

Deliveries of the 2022 F-150 Lightning pickup will begin in the spring of 2022 with an initial IFRS of $ 39,974 prior to any available tax breaks. However, some reports suggest that some dealers may ask customers for up to $ 30,000 extra to be among the first to receive their vehicles.

Ford recently announced that it will triple the production of the Mustang Mach-E to reach 200,000 units per year by 2023, with plans to have a “global production capacity of 600,000 BEVs per year”. To do so, it is building what it calls its “most advanced, most efficient car plant in its 118-year history in Tennessee,” along with three battery factories built in collaboration with SK Innovation. All of this represents a total investment of $ 11.4 billion with 11,000 new jobs created.

As of today, the F-150 Lightning is eligible for a full $ 7,500 tax credit for the BEV (along with all government subsidies), but Ford is expected to reach its 200,000-vehicle limit later this year. At that point, the loan will be phased out unless a new law is passed that would change the rules.

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