Ford Cuts F-150 EV Production ...Middle East

Ford is reducing the planned number of F-150 Lightning EV trucks by half from next year, Automotive News has reported, citing a company memo sent to suppliers. Per the new plans, Ford will churn out 1,600 F-150 Lightning trucks a week beginning January, down from the initially planned 3,200 per week. “We’ll continue to match production with customer demand,” a company spokeswoman said Monday, as quoted by CNBC. EV demand this year surprised carmakers unpleasantly as it turned out to be slower than they expected. As a result,…

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