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Ford claims that a battery fire has caused a halt in production of F-150 Lightning electric pickups.

A battery fire in an F-150 Lightning electric pickup truck stored on company property, according to Ford Motor Co., was the cause of a production halt that began early last week.

According to the automaker, the truck was in a holding lot when it caught fire during a pre-delivery quality check and spread to another truck nearby. “We have no reason to believe that F-150 Lightnings that are already in the hands of customers are affected by this issue,” a company spokeswoman said.

Ford says battery fire caused production halt of F-150 Lightning electric  pickups - MarketWatch

According to the Detroit Free Press, the production halt was caused by a fire.

Ford F, -0.31% said Tuesday that it halted production and shipments of its electric pickup truck early last week to investigate a possible battery issue. It announced Wednesday afternoon that it had identified the source of the problem and that production would be suspended until at least the end of next week.

This report is available in its entirety on WSJ.com.

Ford stops production of electric F-150 after battery fire | The Hill

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Disclaimer: The information provided here is not financial advice - it is for informational or entertainment purposes only. The opinions expressed here are not necessarily those of Financial Futurism writers or staff. Trading and investing involve risk, so you should always conduct your own research before investing. If you are planning to make an investment, you should contact an authorized financial expert. You should not invest money that you cannot lose.

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Financial Futurism © 2024.
All rights reserved.

Disclaimer: The information provided here is not financial advice - it is for informational or entertainment purposes only. The opinions expressed here are not necessarily those of Financial Futurism writers or staff. Trading and investing involve risk, so you should always conduct your own research before investing. You should not invest money that you cannot lose.