Ford doubles Lightning production target on strong pre-launch demand -sources

Ford doubles Lightning production target on strong pre-launch demand -sources

Monday, August 23, 2021

DETROIT, Aug 23 (Reuters) - Ford Motor Co(F.N) has doubled its production target for the F-150 Lightning because of strong early demand for the full-sized electric pickup truck ahead of its 2022 launch, and the company plans to spend an additional $850 million to meet that target, several people and suppliers familiar with the plans said.

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