Ford will slash production of electric pickup, citing weak demand ...Middle East

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Ford will slash production of electric pickup, citing weak demand
Ford is slashing its production of electric pickup the F-150 Lightning, citing weak demands for the vehicle.  The automaker is reducing production of its “top-selling electric pickup in the U.S.” to get “optimal” balance of profitability, sales growth and production, the company said Friday. The move signals the latest cuts in the EV sphere, given lower-than-anticipated customer demand.  “We are taking advantage of our manufacturing flexibility to offer customers choices while balancing our growth and profitability,” Ford President and CEO Jim Farley said. “Customers love the F-150 Lightning, America's best-selling EV pickup. We see a bright future for electric vehicles for specific

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