Ford plans to nearly double production of its all-electric pickup

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DPA

US automaker Ford’s plans to nearly double production of its F-150 Lightning pickup to 150,000 trucks drove its share price to record levels on Tuesday. Shares in Ford Motor Company rose more than 8 per cent after the company announced its plans to nearly double production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high customer demand. “With nearly 200,000 reservations, our teams are working hard and creatively to break production constraints to get more F-150 Lightning trucks into the hands of our customers,” said Kumar G…

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