In The News

Ford’s Electric Truck Plans Go Up In Smoke After Battery Fire

Ford will pause production of its signature electric pickup truck for several weeks, after a battery issue led to a fire in one truck during a pre-delivery quality check, the company confirmed to the Daily Caller News Foundation following multiple reports.

The fire occured on Feb. 4 and spread to a nearby vehicle, prompting the company to both suspend production and halt shipment of trucks that had already been produced, CNBC reported Wednesday. It could take “a few weeks” for the company to resolve the issue and resume production, but it has “no reason” to believe that the issue affects vehicles that had already been shipped to customers, a Ford spokesperson told the DCNF.

“During a standard Lightning pre-delivery quality check, one vehicle displayed a battery issue and caught fire,” the spokesperson told the DCNF. “We believe we have identified the root cause of this issue. By the end of next week, we expect to conclude our investigation and apply what we learn to the truck’s battery production process; this could take a few weeks.”

Battery issues are often major concerns for automakers, since they often represent the end-product of billions of dollars in investments, CNBC reported. The F-150 Lightning is particularly important to investors, representing both a major product for the struggling company and the first mainstream electric pickup truck.

President Joe Biden’s signature climate change law, the Inflation Reduction Act, is poised to offer more than $136 billion in subsidies for electric vehicle batteries over the next 10 years, according to private analysts.

Ford CEO Jim Farley has cited “execution issues” for costing the company roughly “$2 billion in profits” in 2022, CNBC reported. The company posted a $2 billion loss in 2022, down $20 billion from 2021 and $1.1 billion short of its own estimations.

The company recently cut several thousand jobs in Europe to focus on its electrification efforts.

Ford did not immediately respond to a Daily Caller News Foundation request for comment.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

John Hugh DeMastri

Share
Published by
John Hugh DeMastri

Recent Posts

China Tries Making Nice With World After Trump Dishes Out Tariff Beating

China is reaching out to the world to make trade deals amid President Donald Trump’s…

10 hours ago

The Long Road To Damascus For The World’s Christians

On the road to Damascus, Saul of Tarsus, who we would later come to know…

10 hours ago

Meta (Facebook) and X (Twitter) Still Censoring

Zuckerberg says he regrets that Meta bowed to Biden administration pressure to censor content, saying…

10 hours ago

He is Risen

This is what Easter is all about. The Death and resurrection of Jesus Christ, much…

17 hours ago

The Sweet Irony Of Letitia James

Oh my, you could not have written a more sensational story than the real-life saga…

1 day ago

Iran’s Nuclear Capabilities Can Still Be Stopped

Last Saturday’s meeting between the United States and Iran was an important diplomatic first step…

1 day ago