Automotive News
Ford built the F-150 Lightning for three years, delivering approximately 63,000 trucks across three model years despite planning production capacity for 150,000 units annually. Originally promised at $40,000, the vehicles ultimately sold for $70,000, creating a pricing gap that fundamentally undermined the business case. Production ended December 2025 after Ford‘s Model e division accumulated $3.6 billion in losses through September. CEO Jim Farley addressed the reality directly: “These really expensive $70,000 electric trucks, as much as I love the product, they didn’t make sense.” The replacement arrives as an EREV, Extended-Range Electric Vehicle, Ford‘s terminology for a plug-in hybrid combining larger battery capacity with a gas generator to extend total range beyond 700 miles. The all-electric F-150 experiment concludes. What
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