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Ford pulls the plug on the F-150 Lightning and goes into grid battery business

ArenaEV
Ford is officially scrapping the all-electric F-150 Lightning, abruptly ending production of a vehicle that was once hailed as revolutionary. The company will instead focus on profit and move away from big, pure EVs, with hybrids and cheaper electric models taking over. Ford’s financial reports show exactly why this is happening: its EV division (called Model e) lost €1.20 billion… Read more…