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Ford Cuts Production Of F-150 Lightning Pickup On Weaker-Than-Expected Electric Vehicle Sales Growth
Ford is reducing F-150 Lightning electric pickup production due to lower-than-expected growth in electric car sales.
While EV sales are increasing in the United States, the rate falls far short of the industry’s optimistic timeline, and many consumers are switching to hybrid vehicles instead.
The company sold just over 24,000 Lightning last year, a 55% increase from 2022. However, dealers are reporting sluggish sales and increased inventories for the electric truck, which starts at slightly under $50,000.
Ford Cuts Production Of F-150 Lightning Pickup On Weaker-Than-Expected Electric Vehicle Sales Growth
According to Motorintelligence.com, total electric car sales increased 47% to a record 1.19 million units last year. The EV market share increased from 5.8% in 2022 to 7.6% last year. However, EV sales growth slowed near the conclusion of the year. In December, they jumped 34%.
The company claimed that the change to lower F-150 Lightning manufacturing will affect approximately 1,400 workers, with the Rouge Electric Vehicle Centre shifting to a single shift beginning April 1. Approximately 700 people will be transferred to Ford’s Michigan Assembly Plant, while others will be assigned positions in the Rouge Complex or other Southeast Michigan facilities. Some employees will likely take advantage of the Special Retirement Incentive Programme outlined in the 2023 Ford-UAW agreement.
Ford Cuts Production Of F-150 Lightning Pickup On Weaker-Than-Expected Electric Vehicle Sales Growth
“We are taking advantage of our manufacturing flexibility to offer customers choices while balancing our growth and profitability,” Ford CEO Jim Farley said in a statement Friday.
Ford stated that depending on how many people apply for the retirement programme, a few dozen employees at component plants supporting F-150 Lightning production may be affected. The corporation said it would arrange placements for impacted employees in the Detroit area.
Ford also announced Friday that it is adding nearly 900 additional positions and a third crew to its Michigan assembly facility to meet demand for the Bronco SUV and Ranger midsize pickup truck.
Ford Cuts Production Of F-150 Lightning Pickup On Weaker-Than-Expected Electric Vehicle Sales Growth
The F-150 Lightning pickup is Ford’s upcoming all-electric truck, set to redefine the traditional pickup landscape. Boasting impressive specs, such as a targeted 300-mile range and a starting price under $40,000, it aims to appeal to both environmentally conscious consumers and truck enthusiasts alike.
With lightning-fast acceleration and a spacious interior, the F-150 Lightning promises to deliver on both performance and practicality. Scheduled for release in spring 2022, it’s poised to make a significant impact in the electric vehicle market.
SOURCE – (AP)
News
Britain Must Be Ready for War in 3 Years, Warns New Army Chief
The new head of the Army has stated that Britain must be prepared to fight a war within three years.
Gen Sir Roland Walker has issued a warning about a variety of risks in what he calls a “increasingly volatile” environment.
However, he stated that war was not inevitable and that the Army had “just enough time” to prepare to prevent conflict.
He stated that the Army’s fighting capacity would be doubled by 2027 and tripled by the end of the decade.
Gen Walker warned that the Britain was under threat from a “axis of upheaval” in his first speech as Prime Minister on Tuesday.
Among the primary concerns confronting the Britain in the next years, as noted by the general in a briefing, is an enraged Russia, which may seek vengeance on the West for helping Ukraine, regardless of who wins the war.
He stated: “It doesn’t matter how it finishes. I believe Russia will emerge from it weaker objectively – or completely – but still very, very dangerous and seeking some form of retaliation for what we have done to assist Ukraine.”
Britain’s Government Defence Review and Military Challenges
He also warned that China was determined to retake Taiwan, and Iran was likely to seek nuclear weapons.
He stated that the threats they posed may become particularly acute in the next three years, and that these countries had formed a “mutual transactional relationship” since the war in Ukraine, sharing weaponry and technology.
However, he stated that the path to conflict was not “inexorable” if the UK re-established credible land troops to assist its deterrent strategy for avoiding war.
In his speech, he described his force of slightly over 70,000 regular troops as a “medium-sized army” and made no direct call for additional resources or men.
However, he pushed the British Army to adapt swiftly, focussing on technology such as artificial intelligence and weaponry rather than numbers.
His ultimate goal is for the Army to be capable of destroying an opponent three times its size.
This would entail firing quicker and farther, he said, aided by lessons learnt from the Ukraine war.
The general’s speech at the Royal United Services Institute land warfare conference comes only one week after the government began a “root and branch” defence review to “take a fresh look” at the challenges facing the armed services.
Defence Secretary John Healey launched the assessment, describing the existing status of the armed forces as “hollowed-out” and stating that “procurement waste and neglected morale cannot continue”.
According to the most recent Ministry of Defence (MoD) numbers from April 2024, the Britain’s regular Army forces total 75,325 troops (excluding Gurkhas and volunteers).
That figure has been declining in recent years, as recruiting has failed to match retention. The previous Conservative administration lowered the planned headcount from 82,000 to 72,500 by 2025.
Members of the NATO military alliance have agreed to spend at least 2% of GDP on defence by 2024, but several countries are unlikely to fulfil this goal.
The Britain presently spends 2.3% of its GDP on defence. Prime Minister Sir Keir Starmer has previously stated that the defence review will include a “roadmap” for increasing this to 2.5%, however he has yet to provide a date for this promise.
Source: BBC
News
Katie Ledecky Hopes For Clean Races At Paris Olympics In The Aftermath Of The Chinese Doping Scandal
PARIS — Katie Ledecky is looking for clean Olympic races. On Wednesday, Hope had pretty much reached her limit.
The American swimmer hopes to add to her six gold medals as she competes in the 400, 800, and 1,500 meters at the Paris Games. Her program starts with the heavy 400 on Saturday, featuring Ariarne Titmus and Summer McIntosh.
Katie Ledecky | ESPN Image
Katie Ledecky Hopes For Clean Races At Paris Olympics In The Aftermath Of The Chinese Doping Scandal
The 27-year-old Katie is competing in her fourth Summer Olympics, but the first since a doping scandal involving almost two dozen Chinese swimmers who tested positive for a banned chemical before the Tokyo Games — yet were permitted to compete with no consequences. The controversy has raised serious worries regarding the effectiveness of anti-doping initiatives.
Katie Ledecky | Vogue Image
“I hope everyone here is going to be competing clean this week,” Ledecky claimed. “But what truly counts is, were they training cleanly? Hopefully this has been the case. Hopefully, there has been worldwide testing.”
The International Olympic Committee has expressed concern over the ongoing US investigation into possible doping by Chinese swimmers. While awarding the 2034 Winter Olympics to Salt Lake City on Wednesday, the IOC urged Utah officials to do whatever they could to stop the FBI investigation.
“I think everyone’s heard what the athletes think,” Katie added. “They seek transparency. They want more answers to the remaining questions. At this point, we are here to race. We are going to race whoever is in the lane next to us.
“We are not paid to conduct the tests, so we trust those who follow their regulations. That applies both today and in the future.
Katie Ledecky | ESPN Image
Katie Ledecky Hopes For Clean Races At Paris Olympics In The Aftermath Of The Chinese Doping Scandal
SOURCE | AP
News
London Heatwave Alert: High Temperatures Set to Soar to 29C Next Week
As the summer holidays begin, London may experience an official heatwave with temperatures reaching up to 29 degrees Celsius.
The Met Office predicts a long period of sunny and dry weather for London after a soggy spring and summer.
After a cloudy day on Saturday, temperatures are expected to reach 27C on Sunday, with lots of sunlight.
On Monday and Tuesday, temperatures are forecast to peak at 29 degrees Celsius. Monday is forecast to offer more sunlight, while Tuesday may see some gloomy weather.
Temperatures are expected to remain in the high 20s next week, with lows of approximately 18C.
According to the Met Office, a heatwave is “an extended period of hot weather relative to the expected conditions of the area at that time of year, which may be accompanied by high humidity.”
In the United Kingdom, a heatwave is proclaimed when daily temperatures meet or surpass a certain level for at least three consecutive days.
In London, the heatwave threshold is 28 degrees Celsius.
The Met Office reported that the UK is experiencing hotter and wetter weather on average due to climate change.
The UK experienced its warmest May and April on record this year, despite damp and dismal conditions in many areas.
According to the Met Office’s State Of The UK Climate 2023 report published on Thursday, the UK experienced historic levels of extreme weather last year.
In the United Kingdom, 2023 was the second warmest year on record, bringing storms, flooding, strong heatwaves, and rising sea levels; only 2022 was warmer.
It was 0.8°C higher than the average from 1991 to 2020, and 1.66°C higher than the 1961 to 1990 average.
However, 2023 will be a “cool year” in comparison to 2100, based on the planet’s warming trajectory.
The government’s plan to adapt to the hazards presented by climate change is currently being challenged in the High Court by campaigners who allege the Tory administration’s July 2023 National Adaptation Programme (NAP) fails to adequately address 61 concerns.
Source: The Standard
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