{"id":2154344,"date":"2024-01-19T23:17:02","date_gmt":"2024-01-20T04:17:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-cuts-production-of-electric-truck-they-touted-as-the-future-hiring-hundreds-to-build-more-gas-vehicles\/"},"modified":"2024-01-19T23:21:59","modified_gmt":"2024-01-20T04:21:59","slug":"ford-cuts-production-of-electric-truck-they-touted-as-the-future-hiring-hundreds-to-build-more-gas-vehicles","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-cuts-production-of-electric-truck-they-touted-as-the-future-hiring-hundreds-to-build-more-gas-vehicles\/","title":{"rendered":"Ford reduces production of electric truck, focuses on gas vehicles; hiring more staff"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fford-cuts-production-of-electric-truck-they-touted-as-the-future-hiring-hundreds-to-build-more-gas-vehicles%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2154344&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Ford to Make Significant Cuts to F-150 Lightning\u2063 Truck Production \u2062as Electric Vehicle Demand Plummets<\/h2>\n<p>Ford announced this week\u200c that it will be\u200b making substantial cuts to its workforce responsible for producing the highly anticipated F-150 Lightning truck, as the demand for electric vehicles continues to decline. The\u200c company plans to reduce the number \u2063of employees at the Rouge Electric Vehicle Center, where the trucks are assembled,\u2063 resulting in a single shift operation.<\/p>\n<p>Bloomberg News reported that approximately 1,400\u200c employees will be affected by these cuts. Ford had initially planned to produce around 3,200 F-150 Lightnings per week in 2024, but recently announced a reduction to 1,600 per \u200dweek due to changing market demand.<\/p>\n<p>This decision comes as Ford faces challenges in selling its all-electric vehicles to consumers who have concerns about \u2063transitioning from gas to electric, particularly due to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ford-to-slash-planned-production-of-its-all-electric-f-150-in-half-citing-changing-market-demand\/\" title=\"Ford will reduce production of its electric F-150 by 50% due to shifting market demand\">high retail prices<\/a>. In fact, the\u200c company has already slashed $12 billion \u200bin EV investments.<\/p>\n<p>Interestingly, while \u2063demand for electric vehicles is declining, the demand for gas vehicles remains strong. As a result, Ford is hiring approximately 900 new employees and \u2063transferring 700 employees from the F-150 Lightning production to\u2062 its Michigan Assembly plant to\u200c meet \u200dthe demand for gas vehicles.<\/p>\n<p><strong><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1700760801843000&#038;usg=AOvVaw2PQrVSrJfhxNb4LcARqniG\">CLICK HERE TO GET\u2063 THE DAILYWIRE+ APP<\/a><\/strong><\/p>\n<p>In\u2063 a related \u2062development, \u200cHertz, one of the largest rental car companies in the U.S., recently announced that it will be removing tens of thousands of electric vehicles from its fleet due \u200bto\u2062 low demand \u2062and high repair costs. This decision comes after Hertz had previously planned \u200dto purchase 100,000 Tesla Inc. \u200dvehicles in 2021.<\/p>\n<p>The decline in demand for\u200b electric vehicles has been attributed to \u200bvarious factors, including high costs, limited charging\u200b infrastructure, and concerns \u200cabout driving range in extreme weather conditions. Hertz CEO Stephen Scherr acknowledged the challenges associated with reducing the \u200dcosts \u2064of\u200d EVs.<\/p>\n<p>Morgan Stanley analysts\u2063 have warned \u2063that Hertz&#8217;s \u2062move should serve as a \u200cwake-up call for the\u200d entire \u2062auto industry, indicating that expectations for the growth of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-minority-leader-mcconnell-infrastructure-plan-is-lumped-up-list-of-leftist-priorities\/\" title=\"Senate Minority Leader McConnell: Infrastructure plan is lumped up list of leftist priorities\">electric vehicle market<\/a> need to be significantly adjusted.<\/p>\n<p>These developments align with the \u200dconcerns expressed by nearly 4,000 auto dealers \u200dacross the U.S. in a letter to President Joe Biden, stating that his goal \u200cof having two-thirds of new cars sold be electric by 2032 is unrealistic.\u200b The dealerships highlighted the mismatch between the influx of electric vehicles and the current demand, despite\u2063 price cuts and government incentives.<\/p>\n<p>It is clear \u200dthat the electric vehicle market is facing significant challenges, and both automakers and\u200c policymakers need to reassess their strategies to meet consumer demands and expectations.<\/p>\n<p><em>Zach Jewell \u200ccontributed to this report.<\/em><\/p>\n<p> <\/p>\n<h2> Despite the decline in \u2062demand, why is Ford remaining committed to its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/money-swells-into-climate-stocks-as-biden-gears-up-to-sign-740-billion-bill\/\" title=\"Money Swells Into Climate Stocks As Biden Gears Up To Sign 0 Billion Bill\">electric vehicle lineup<\/a> and investing in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-pitches-4-trillion-spending-plans-and-refocusing-us-auto-industry-around-electric-vehicles\/\" title=\"Biden Pitches  Trillion Spending Plans And Refocusing US Auto Industry Around Electric Vehicles\">electric vehicle production<\/a><\/h2>\n<p><span>  Existing \u2063workers to its gas vehicle assembly plants to meet the \u2064sustained \u2064demand for traditional vehicles.<\/p>\n<p>Ford&#8217;s adjustment to F-150 Lightning production reflects a \u2063larger trend in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lahaina-residents-return-home-after-wildfires\/\" title=\"Lahaina locals back home post wildfires.\">electric \u2063vehicle market<\/a>. Despite efforts to \u200dpromote\u200c and \u2062incentivize the adoption of electric vehicles, many consumers still\u200b have\u200b reservations. Concerns about limited charging infrastructure, \u2063range\u2063 anxiety, and the higher cost\u2063 of\u200b electric vehicles compared to traditional\u200c gas-powered cars are all factors contributing to the slower adoption rate. \u200dAdditionally, a lack \u200dof\u2063 standardized\u200d charging systems and \u2064slower charging times compared\u200b to \u200drefueling gas vehicles further dampen\u2064 the appeal of electric vehicles for some \u2064consumers.<\/p>\n<p>Furthermore, the economic impact of the COVID-19 pandemic has \u2064played a significant role in shaping consumer demand for \u200celectric vehicles. \u2064Many individuals and businesses have faced financial difficulties during the pandemic, making the \u2063higher upfront costs of electric vehicles \u200cless affordable and less attractive compared to cheaper gas options. \u200bWith economic uncertainty still prevalent in many parts of \u200cthe world,\u2062 it\u2063 is not\u2064 surprising\u200b that demand for electric vehicles has taken a hit.<\/p>\n<p>Despite the decline in demand, Ford remains committed to its electric vehicle lineup. The company\u200b recently unveiled\u2063 the \u2063all-electric Mustang Mach-E SUV, which has received positive\u2062 reviews\u2063 and strong early sales. Ford plans to invest $11.4 billion in electric vehicle production over the next\u200c few years and aims to have 40% of its global vehicle \u200bvolume be electric by 2030. \u200dThis\u2063 long-term goal demonstrates Ford&#8217;s \u200cbelief in the future of electric vehicles and its determination to navigate \u2063through\u200d the current challenges.<\/p>\n<p>Overall, the \u2062announcement of\u200b significant cuts to F-150 \u200bLightning production highlights the ongoing \u200bstruggle for widespread\u200b adoption of electric vehicles. While there\u2064 has been progress in terms\u2063 of technological advancements\u2063 and\u2064 increased availability of\u200c electric models, there are still barriers \u2063to \u2063overcome\u2062 before electric vehicles become the norm. Industry players, like \u200bFord, face the challenge of\u200b balancing current demand \u200bfor traditional vehicles\u2064 while investing in and promoting electric alternatives. As consumers become more comfortable with the idea of electric vehicles and infrastructure improves, it is likely \u200cthat \u2063demand will eventually rebound. Ford&#8217;s decision to adjust production is a strategic move to adapt to current market \u200dconditions, and it will be \u200bintriguing to see how the\u200d electric\u200b vehicle market evolves in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ford announced significant cuts to its F-150 Lightning truck production due to declining demand for electric vehicles. Around 1,400 employees will be laid off from the Rouge Electric Vehicle Center, resulting in a substantial reduction in workforce<\/p>\n","protected":false},"author":102,"featured_media":2154345,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2154344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2154344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2154344"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2154344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2154345"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2154344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2154344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2154344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}