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<blockquote data-quote="Weather Man" data-source="post: 16714724" data-attributes="member: 137766"><p><h3>Ford to pump up production of all-electric F-150 to 150K units annually</h3><p>Jan. 04, 2022 6:31 AM ET<a href="https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AF" target="_blank">Ford Motor Company (F)</a><a href="https://seekingalpha.com/user/32439325/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews" target="_blank">By: Niloofer Shaikh</a>, SA News Editor<a href="https://seekingalpha.com/news/3784823-ford-to-pump-up-production-of-electric-f-150-to-150k-units-annually#comments" target="_blank">3 Comments</a></p><p></p><p><img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1192891571/medium_image_1192891571.jpg" alt="Logo of Ford at a car dealership" class="fr-fic fr-dii fr-draggable " style="" /></p><p>gopixa/iStock Editorial via Getty Images</p><p></p><p></p><ul> <li data-xf-list-type="ul">Ford Motor Company (NYSE:<a href="https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">F</a>) is <a href="https://seekingalpha.com/pr/18616720-full-speed-ahead-ford-planning-to-nearly-double-all-electric-fminus-150-lightning-production?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">planning</a> to nearly double the annual production of its electric F-150 Lightning pickup truck at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year based on a high number of advance reservations.</li> <li data-xf-list-type="ul">“With nearly 200,000 reservations, our teams are working hard and creatively to break production constraints to get more F-150 Lightning trucks into the hands of our customers,” said Kumar Galhotra, president of The Americas & International Markets Group, Ford Motor Company. “The reality is clear: People are ready for an all-electric F-150 and Ford is pulling out all the stops to scale our operations and increase production capacity.”</li> <li data-xf-list-type="ul">In December, the automaker announced that it would triple production of the electric Mustang Mach-E built in Mexico and expects to reach 200,000-plus units per year by 2023.</li> <li data-xf-list-type="ul">Ford’s all-electric van, the 2022 E-Transit, goes on sale early this year.</li> <li data-xf-list-type="ul">Shares up 1.7% premarket.</li> <li data-xf-list-type="ul">Also read: Ford starts off 2022 with a <a href="https://seekingalpha.com/news/3784694-ford-starts-off-2022-with-a-rally-to-a-new-high?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">rally to a new high</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16714724, member: 137766"] [HEADING=2]Ford to pump up production of all-electric F-150 to 150K units annually[/HEADING] Jan. 04, 2022 6:31 AM ET[URL='https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AF']Ford Motor Company (F)[/URL][URL='https://seekingalpha.com/user/32439325/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews']By: Niloofer Shaikh[/URL], SA News Editor[URL='https://seekingalpha.com/news/3784823-ford-to-pump-up-production-of-electric-f-150-to-150k-units-annually#comments']3 Comments[/URL] [IMG alt="Logo of Ford at a car dealership"]https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1192891571/medium_image_1192891571.jpg[/IMG] gopixa/iStock Editorial via Getty Images [LIST] [*]Ford Motor Company (NYSE:[URL='https://seekingalpha.com/symbol/F?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']F[/URL]) is [URL='https://seekingalpha.com/pr/18616720-full-speed-ahead-ford-planning-to-nearly-double-all-electric-fminus-150-lightning-production?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']planning[/URL] to nearly double the annual production of its electric F-150 Lightning pickup truck at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year based on a high number of advance reservations. [*]“With nearly 200,000 reservations, our teams are working hard and creatively to break production constraints to get more F-150 Lightning trucks into the hands of our customers,” said Kumar Galhotra, president of The Americas & International Markets Group, Ford Motor Company. “The reality is clear: People are ready for an all-electric F-150 and Ford is pulling out all the stops to scale our operations and increase production capacity.” [*]In December, the automaker announced that it would triple production of the electric Mustang Mach-E built in Mexico and expects to reach 200,000-plus units per year by 2023. [*]Ford’s all-electric van, the 2022 E-Transit, goes on sale early this year. [*]Shares up 1.7% premarket. [*]Also read: Ford starts off 2022 with a [URL='https://seekingalpha.com/news/3784694-ford-starts-off-2022-with-a-rally-to-a-new-high?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']rally to a new high[/URL] [/LIST] [/QUOTE]
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