The next-generation electric Ford F-Series truck is expected by 2025
New Ford EV truck will be built on all-new full-size pickup platform in Tennessee
“Incredibly high demand” expected
Demand for electric vehicles has exceeded Ford‘s expectations the company’s CEO Jim Farley said in a recent Automotive News interview. Limited battery supply has held the company back from increasing production to meet demand, but Ford is hoping to catch up in the next few years.
Ford will be doubling its electric vehicle capacity to 600,000 units within two years, but its CEO believes the capacity should be three times the initial estimates.
“Demand is two to three times what we expected. And so that capacity had to be doubled — probably tripled if we could, but we can’t”, Farley told Automotive News.
The upcoming Ford Lightning has nearly 200,000 reservations, and Ford believes over 80% of those prospective buyers will become owners. That’s a far cry from the current production capacity. Farley says Ford had planned to built 20,000 units initially and then increased that number without specifying where the capacity stands today.
“So we capacitized something far north of 20,000, but it’s nowhere near the 160,000 units of demand we have today”, Farley said.
The Ford F-150 Lightning’s successor is already in the works and according to Ford, it will be built on a brand-new EV truck platform. It will underpin the next-generation of Ford’s electric truck expected after 2025 at the Blue Oval City in Tennessee.