Ford to nearly double production of electric F-150 pickup | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

NEW YORK, Jan 4 — Amid a surge of interest, Ford announced today that it will nearly double production capacity for the electric version of its top-selling F-150 pickup truck. The US automaker now aims to produce 150,000 units a year of the F-150 Lightning, with the first deliveries due in the...

NEW YORK, Jan 4 — Amid a surge of interest, Ford announced today that it will nearly double production capacity for the electric version of its top-selling F-150 pickup truck.

Ford initially planned to build 40,000 trucks year, but after a flood of orders raised the target to 80,000. The company said it is working with supplier and at its own facilities to ramp up output of key parts like electric batteries. About three-fourths of the reservations for the popular truck are from customers who have never owned a Ford, the statement said.

The manufacturer had already announced it would increase production capacities for its first electric Mustang, a small SUV dubbed Mach-E, with the goal of reaching more than 200,000 units a year by 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Financials power S&P 500, Dow to record peaks; Ford shines | Malay MailNEW YORK, Jan 4 — The Dow and the S&P 500 hit record highs today as worries about the Omicron variant of the coronavirus subsided and financial stocks gained, while Ford jumped on an upbeat forecast for electric pickup production. Equity markets across the globe bounced for the second...
Source: malaymail - 🏆 1. / 86 Read more »

Financials power S&P 500, Dow to record peaks; Ford shines | Malay MailNEW YORK, Jan 4 — The Dow and the S&P 500 hit record highs today as worries about the Omicron variant of the coronavirus subsided and financial stocks gained, while Ford jumped on an upbeat forecast for electric pickup production. Equity markets across the globe bounced for the second...
Source: malaymail - 🏆 1. / 86 Read more »

Romania’s daily Covid-19 infections double after holiday | Malay MailBUCHAREST, Jan 4 — The number of daily Covid-19 infections more than doubled in Romania today following an easing of restrictions during the winter holidays, and officials estimate the fifth wave of the pandemic could see twice as many cases as the previous one. Romania is the European Union’s...
Source: malaymail - 🏆 1. / 86 Read more »

Melaka to get RM1b investment for nation’s first electric car assembly plant, says CM | Malay MailMELAKA, Jan 4 — Melaka is set to receive an investment totalling RM1 billion by Bumiputera company, Fieldman EV Sdn Bhd to develop the country’s first electric car assembly plant. Chief Minister Datuk Seri Sulaiman Md Ali said the plant will be constructed on 200-hectare land at the Elkay Lipat...
Source: malaymail - 🏆 1. / 86 Read more »

Indonesia warns coal supply crunch not over as China prices rally | Malay MailJAKARTA, Jan 4 — Indonesia has warned that its coal supply situation remains critical, ahead of tomorrow’s review of its export ban, unnerving global markets for the fuel used to generate most of the electricity that drives Asia’s biggest economies. Coal futures in China, the world’s...
Source: malaymail - 🏆 1. / 86 Read more »

Taiwan urges vigilance after first Omicron coronavirus cases | Malay MailTAIPEI, Jan 4 — Taiwan President Tsai Ing-wen today urged vigilance against the spread of the coronavirus after the island detected its first cases of the Omicron coronavirus variant spreading in the community. Taiwan has kept the pandemic well under control because of early and effective...
Source: malaymail - 🏆 1. / 86 Read more »