In its fourth quarter earnings call, Ford CEO Jim Farley said that 60% of Ford’s U.S. fleet manager clients “plan to add an electric vehicle within the next two years” to their fleet.
Photo: Chris Brown
Ford has halted production of the Ford F-150 Lightning due to an undisclosed battery issue, as first reported by Motor Authority on Feb. 14.
A Ford spokesperson confirmed to Motor Authority that a stop-build and an in-transit stop-ship order have been issued. However, a stop-sale has not been issued. All built F-150 Lightnings are cleared for scheduled delivery.
Ford is investigating the cause of the issue and is unaware of any related incidents with customer-owned trucks. Ford has yet to announce a timeline on lifting the stop-build/stop-ship orders, according to Motor Authority.
According to its recent earnings call, Ford has set aggressive targets for EV production for the next two years. Ford said it remains on track to produce 50,000 EVs per month and 600,000 EVs globally by the end of this year. Ford’s run rate in Q4 2022 was only about 12,000 units.
Ford claims to be still on track to produce 2 million EVs globally by the end of 2026.
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