We're waiting for the prices of the other two variants, Lariat and Platinum. The two will be around side by side for a long time.Īs a reminder, the Ford F-150 Lightning will be offered at $58,000 in commercial configuration and the XLT consumer variant will have a starting price of $68,000. Add to that the current microchip shortage and it’s clear that it's probably much wiser for Ford not to overpromise right now.Īnd, in any case, Ford won't stop selling the regular version of the model. The limit on production is not surprising, as there is a whole supply chain of new parts to be put in place. The government rebates consist of a combination of a federal government rebate of up to 5,000 and a Quebec government rebate of up to 7,000 for electric vehicles. , 100% online, shop for your next car, buy online and get it delivered to you anywhere in Quebec! Get up to 12,000 (equivalent of 10,435 before taxes) in government rebates with the purchase or lease of a new 2023 Ford Mustang Mach-E Premium RWD. The Blue Oval automaker adopted a similar strategy with the electric Mustang Mach-E SUV, limiting its first year of production to 50,000 units. As a reminder, the Ford F-150 Lightning will be offered at 58,000 in commercial configuration and the XLT consumer variant will have a. Ford Canada didn’t specify how many reservations have been made in Canada. The two will be around side by side for a long time. Within 12 hours of the model's presentation, Ford had received 20,000 reservations. Potential buyers of the F-150 Lightning will want to get their orders in quickly. and between 100,000 and 150,000 in Canada each year. In fact, that's a lot and a little at the same time, considering that about a million F-150s are sold in the U.S. Fortunately, we’re not talking about a ridiculously small number, but about a relatively healthy 50,000 units. The automaker has announced that production of the model will be limited for its first year on the market. To wit, after the presentation, the company's stock rose 2.5 percent Thursday morning to $12.42 (U.S.) on the New York Stock Exchange. The automaker last year added a third work crew for the electric pickup truck to capitalize on the strong demand for EV adoption.This week’s biggest automotive news was without a doubt the presentation of the Ford F-150 Lightning, the much-anticipated electric version of the most popular pickup truck on the market.įor Ford, the Lightning is a very, very big deal, of course. View options for Pro Power Onboard, standard or extended range battery, towing capacity, seating, pricing & more. Shares of SK On's parent SK Innovation on Wednesday fell as much as 3.9% to hit a near three-week low in morning trade.Įarlier this month, Ford posted disappointing quarterly results and flagged uncertainty around semiconductor chip supply. The all-electric 2023 Ford F-150 Lightning is here Choose between 4 available models including the Pro, XLT, Lariat & Platinum. SK On makes batteries in South Korea, China, Hungary and the United States for clients including Ford, Volkswagen AG (VOWG_p.DE) and Hyundai Motor Co (005380.KS). "We are currently investigating the matter at the moment," an official at SK On said in a statement. The battery unit of South Korea's SK Innovation Co Ltd (096770.KS), SK On, supplies batteries to Ford. It did not provide a timeline for restart. Shares of the automaker were down 1% in afternoon trade. She said the production stop was issued at the start of last week.įord added it was investigating the matter, which was earlier reported by CNBC and first reported by Motor Authority. This new electric F-150 gives all the reliable toughness and capability to get any job done, paired. That's why we're so unbelievably excited for the release of the first ever fully electric Ford F-150 Lightning for sale in Brantford. "We are not aware of any incidences of this issue in the field," Ford spokesperson Emma Bergg said in an email. Ford's classic F-Series Trucks have been Canada's best selling pickup trucks for 56 years and for good reason. Feb 14 (Reuters) - Ford Motor Co (F.N) said on Tuesday it had stopped production and shipments of its F-150 Lightning electric pickup after discovering a potential battery issue during pre-delivery checks.
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