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Ford’s Electric F-150 Pickup Aims to Be the Model T of E.V.s

Ford’s Electric F-150 Pickup Aims to Be the Model T of E.V.s

The New York Times
Wednesday, May 19, 2021 09:00:45 PM UTC

If it sells well, an electric version of the best-selling vehicle in the U.S. could help accelerate the move to electric vehicles.

Ford Motor is about to open a major new front in the battle to dominate the fast-growing electric vehicle market, and it’s banking on one of the world’s most powerful business franchises. In a splashy presentation Wednesday night at a Ford plant in Dearborn, Mich., the automaker will unveil an electric version of its popular F-150 pickup truck, which will be called the Lightning. Ford’s F-Series trucks, including the F-150, make up the top-selling vehicle line in the United States, and typically generate about $42 billion a year in revenue, according to a study commissioned by Ford — or more than twice what McDonald’s brought in last year. It is one of the most anticipated introductions of a new car and invites comparisons to Ford’s Model T, the car that made automobiles affordable to the masses. Ford has a lot at stake in the new vehicle’s success. If it can turn the F-150 Lightning into a big seller, it could accelerate the move toward electric vehicles, which scholars say is critical for the world to avoid the worst effects of climate change.
Read full story on The New York Times
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