Innovation
Ford slashes production target for all-electric F-150 Lightning to match demand
Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand. Ford executives signaled in October during its third-quarter earnings call plans to “adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher-priced premium electric vehicles.
Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand. Ford executives signaled in October during its third-quarter earnings call plans to “adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher-priced premium electric vehicles. The automaker didn’t […] © 2023 TechCrunch. All rights reserved. For personal use only.
Related stories
US-China tech war escalates over EV battery dominance
Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role.
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market.
Samsung Display Readies Development Team for Apple Foldable Panels
Apple supplier Samsung Display has reorganized its Apple business team to achieve operational efficiency in the development of foldable panels, claims a new report out of Korea.
Apple TV+ shows and movies: Everything to watch on Apple TV Plus
Apple TV+ offers exclusive Apple original TV shows and movies in 4K HDR quality.