Ford Scales Back Electric Truck Production as EV Demand Slows

Key TakeawaysFord is scaling back production of its electric F-150 Lightning truck as electric vehicle (EV) demand slows.The automaker said it still expects to grow its EV sales in 2024, though less than previously anticipated.Ford also said it's planning to raise production of its Bronco SUV and Ranger pickup.Ford Motor (F) is scaling back production of its electric F-150 Lightning truck as electric vehicle (EV) demand slows. About 1,400 employees will be impacted as Ford's Rouge Electric Vehicle Center tr ...