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2025-12-17 23:34:46

Ford to Discontinue Current F-150 Lightning Electric Pickup Truck, Sets $19.5 Billion Charge] Ford (F) shares fell 1.2% in early trading Wednesday. The company decided to discontinue the current F-150 Lightning electric pickup truck and set a $19.5 billion charge, shifting its investment focus to hybrid and range-extended electric vehicles. Ford aims to have hybrid, range-extended, and electric vehicles account for approximately 50% of its global sales by 2030, while also bringing forward the turnaround time for its Model E division to achieve profitability to 2029.

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