Ford said it would double its production capacity for the F-150 Lightning from 40,000 units per year to 80,000 electric pickup trucks by 2024.
- Ford Motors is hitting the brakes on its EV battery plant project in Michigan.
- The reason?
- Pivotal contract negotiations with the United Auto Workers union that could reshape the automotive industry's labor landscape.
The automotive giant's decision underscores the complexities of balancing technological progress with labor concerns.