Overview
- The Wall Street Journal, citing unnamed sources, reports Ford is considering scrapping the all-electric F-150 Lightning, and a source told CNBC the company is evaluating its future EV lineup with no decision made.
- Ford has kept F-150 Lightning production paused after a fire at Novelis’s New York plant disrupted aluminum supply to the Rouge Electric Vehicle Center.
- Model e recorded a $1.4 billion loss in Q3 and $3.6 billion through the first nine months of 2025, with roughly $3 billion tied to current EVs including the Lightning and Mustang Mach-E.
- Ford says it is prioritizing more profitable gas and hybrid F-150s that require less aluminum, while developing a Universal EV platform targeting roughly $30,000 models and a midsize electric pickup expected around 2027.
- Despite the pause, the Lightning remains the top-selling electric pickup in the U.S., with record quarterly sales above 10,000 in Q3 and 24,577 sold through October.