Ford Halves F150 Lightning Production Volumes in 2024! Electric Trucks Are A Risky Business

Join Francie as she goes over the recent 50% decrease in production for Ford's F150 Lightning EV trucks. She goes over Ford's reasoning for the ramp down, the current numbers for electric trucks on the market, similar trends in the space, and more. Source links from today's show: Automotive News Article on Ford's internal memo about Lightning production ramp down: https://www.autonews.com/manufacturing/ford-cutting-f-150-lightning-ev-production-half-memo-says Ford's Q3 2023 Earnings Report Transcript: https://s201.q4cdn.com/693218008/files/doc_events/2023/Oct/26/ford-q3-earnings-transcript.pdf Volvo AutoNews Article: https://www.autonews.com/talk-top/evs-could-help-volvo-climb-new-sales-record Find us on all of these places: YouTube: https://www.youtube.com/outofspecpodcast Apple Podcasts: https://podcasts.apple.com/us/podcast/out-of-spec-podcast/id1576636119 Spotify: https://open.spotify.com/show/0tKIQfKL9oaHc1DLOTWvbd Amazon: https://music.amazon.com/podcasts/473692b9-05b9-41f9-9b38-9f86fbdabee7/OUT-OF-SPEC-PODCAST For further inquiries please email podcast@outofspecstudios.com #fordlightning #electrictruck #r1t Hosted on Acast. See acast.com/privacy for more information.