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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Ford stops F-150 Lightning manufacturing over possible battery problem.

Ford
Photo Credit: Rebecca Cook Photo Credit: Rebecca Cook
Ford
Photo Credit: Rebecca Cook Photo Credit: Rebecca Cook

Ford Motor Co (F.N) said on Tuesday that it has halted manufacturing and shipments of its F-150 Lightning electric truck after the discovery of a possible battery problem during pre-delivery inspections.

The company’s spokesman Emma Bergg wrote in an email, “We are not informed of any field incidents involving this concern.”

The production halt was ordered at the beginning of last week, she said.

The motor company also said it was researching the situation, which had been reported by CNBC and Motor Authority before. The automaker’s stock fell 1% in afternoon trading.
It did not specify a restart timeframe.

Ford reported dismal quarterly performance and signaled supply instability for semiconductor chips earlier this month.

The company established a third work team for the electric pickup truck last year in order to capitalize on the high demand for EV adoption.

 

 

 


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