Ford halts production and shipments of its electric F-150 Lightning due to potential battery issue
Publishing timestamp: 2023-02-14 12:29:12
Summary
Ford Motor has paused production and shipments of its electric F-150 Lightning pickup due to a potential battery issue. This adds to ongoing "execution issues" detailed to investors earlier this month by Ford CEO Jim Farley. General Motors has also had to recall all of its Chevrolet Bolt EVs due to fire issues caused by "rare manufacturing defects" at its battery supplier LG Battery Solution.
Sentiment: NEGATIVE
Keywords: ford motor co, technology, business news, transportation, general motors co, breaking news: business, autos, detroit, business,
Source: https://www.cnbc.com/2023/02/14/ford-halts-f-150-lightning-production.html