Please ensure Javascript is enabled for purposes of website accessibility
Ford's Big Bet: Fans of F-150 Pickup Will Embrace Electric
gvw_ap_news
By Associated Press
Published 3 years ago on
May 23, 2021

Share

PITTSFIELD TOWNSHIP, Mich. — On the outside, the electric version of Ford’s F-150 pickup looks much like its wildly popular gas-powered version. Yet the resemblance is deceiving. With its new battery-powered truck, Ford is making a costly bet that buyers will embrace a vehicle that would help transform how the world drives.

Branded the F-150 Lightning, the pickup will be able to travel up to 300 miles per battery charge, thanks to a frame designed to safely hold a huge lithium-ion battery that can power your house should the electricity go out. Going from zero to 60 mph (97 kilometers per hour) will take just 4.5 seconds.

Biden’s Push for Green Energy-Driven Manufacturing

With a starting price near $40,000 (before options), Ford has calculated that an electric version of America’s top-selling vehicle will appeal to the sorts of buyers who favor rugged pickup trucks prized for strength and durability. If it succeeds, it could speed the nation’s transition away from petroleum burners — a cornerstone of President Joe Biden’s broad effort to fight climate change.

“It’s a watershed moment to me,” Ford CEO Jim Farley said of the electric truck, which was formally unveiled Wednesday night. “It’s a very important transition for our industry.”

For the Biden administration to prevail in its push for green energy-driven manufacturing, it will need to overcome resistance as well as skepticism. Critics fear the loss of auto industry jobs in a shift away from gasoline-fueled vehicles. Because EVs are much simpler, it takes fewer workers to build them. And bottlenecked supply chains could leave automakers short of computer chips and vehicle batteries, along with other parts, for months and perhaps years.

That said, a vehicle like the Lightning is so critical to Biden’s policies that even before its formal unveiling, he visited the Ford plant in Michigan where it will be built beginning next year. The president even drove the truck on a test track.

“This sucker’s quick,” he declared.

F-150 Has Been America’s Top Selling Vehicle for Four Decades

For its part, Ford is taking a significant risk by sinking so much capital into an electric version of a pickup that commands a huge and loyal following. In a typical year, Ford sells about 900,000 F-series trucks nationally. It has been America’s top-selling vehicle for nearly four decades.

Gas-powered F-150s are staples on job sites across the nation, where workers haul equipment and materials and often don’t see a need for change. So it could be years before Ford realizes a return on its investment in an electric F-150. This year, through April, the company has sold only 10,000 of its new gas-electric hybrid F-150s — just over 6% of the F-150’s total sales.

Ford said 20,000 people had put down $100 deposits to order the new trucks as of Thursday morning.

Still, introducing a capable electric truck at a fairly reasonable price could potentially produce the breakthrough that draws many more people to battery-powered vehicles of all sizes, said Ivan Drury, a senior manager at Edmunds.com.

“If you’re going to choose one vehicle in the industry that’s going to do it, this is going to be the one,” Drury said. “I expect this to be a home run, and I expect it to really convert a lot of consumers’ minds.”

Americans Still Reluctant to Commit to Electric Vehicles

At the same time, the electric truck, due in showrooms by the middle of next year, comes at a time when American drivers remain reluctant to jettison gas vehicles. Through April, automakers sold about 108,000 fully electric vehicles in the U.S. Though that’s nearly twice the number from the same period last year, EVs still account for only 2% of U.S. vehicle sales, according to Edmunds.

In addition to the Lightning, though, the growing number of fully electric offerings will help raise sales numbers. Automakers now sell 18 electric models in the U.S.; Drury expects 30 by year’s end.

To be sure, Ford won’t stop building gas-powered trucks for years. They remain an enormous cash cow. A study by the Boston Consulting Group found that the F-Series generates $42 billion in annual U.S. revenue for the automaker — more than such entire companies as McDonald’s, Nike or Netflix do.

Initially, Ford expects Lightning customers to be mainly higher-income urban and suburban residents who seldom go off road or use truck beds to haul anything heavy. But the company plans a commercial version designed to make work more efficient. Ultimately, Farley expects sales to be evenly balanced between work and personal buyers.

But Ford may have a hard time selling it to people who build houses, maintain lawns or plow snow.

“It sounds good, but it’s not good for the type of business I’m in,” said Jimmie Williams, owner of a landscaping firm on Chicago’s South Side. He doesn’t think the battery will have enough range to last the 12-14-hour days his crews sometimes work maintaining about 700 properties.

He’ll stick with his three gas-powered pickups, in part because he plows snow in the winter, when cold weather can limit an EV’s range.

Others Open to a Switch in the Future

Others aren’t ready now but might be convinced to switch in the future.

“Maybe when I’m retired,” quipped Steven Realy, a foreman for a subcontractor at a housing development in Pittsfield Township, Michigan.

Realy, 28, whose company uses diesel trucks to carry equipment and building materials, doesn’t think an electric truck will do the job now but maybe in the future.

“When electric takes off more than what it is right now,” he said, “I could see myself owning one, definitely.”

Yet it may be difficult to persuade some people to give up the big gas engines they’re used to.

“I like my V-8,” Anthony Lane, a 26-year-old plumber in the same development, said from the driver’s seat of his gleaming Chevrolet Silverado.

New Truck Resembles Standard F-150 in Looks and Capability

Aside from a charging port and a Lightning decal, Ford’s new truck resembles a standard F-150. That was intentional. Ford wants the Lightning to be perceived as just as capable as gasoline versions, if not more so.

Even the base version of the electric F-150, with two rows of seats and a 230-mile estimated range per battery charge, can haul up to a ton in its bed. A high-end Lightning equipped with a longer-range battery can tow an estimated 10,000 pounds, matching many gas-powered trucks, though falling about 3,000 pounds shy of Ford’s V-8 engines.

Perhaps the most surprising thing about the truck is its price, which Ford said is about equal to a comparably equipped gasoline F-150. With a federal tax credit of up to $7,500 still available on Ford electric vehicles, the base price falls to around $32,500. That’s below the lowest-priced gas F-150 with a crew cab, which starts at roughly $37,000.

The Lightning has a front trunk with plugs for power tools and lights at job or camp sites. And if the electricity goes, out, it can run your house for up to three days, which Farley expects to be a big selling point.

Competition is Looming

Competition for the Lightning is looming. General Motors says it’s working on an electric Silverado. Stellantis is developing an electric Ram. Tesla’s angular Cybertruck is due out this year. And startups Bollinger Motors, Nikola, Rivian and Lordstown Motors have trucks in the works.

All will face an inevitable obstacle in seeking buyers: brand loyalty. Pickup drivers often stick with one company for life. Sometimes, they choose a brand because it’s been in the family for years, if not generations.

“I’m not a Ford guy,” said Lane, the plumber. “I drive Chevys my whole life.”

Once General Motors comes out with an electric Silverado, though, Lane might consider a change.

“I’ll probably stick with the gas,” he said. “But if they ever fully switch over to electric, I’ll probably get the Chevy one.”

RELATED TOPICS:

DON'T MISS

Russia Urges Citizens to Leave Israel as Tensions with Hezbollah Escalate

DON'T MISS

Taxpayers in 24 States Will Be Able to File Their Returns Directly With the IRS in 2025

DON'T MISS

California Collects Millions in Stolen Wages, but Can’t Find Many Workers to Pay Them

DON'T MISS

Sweet Lola on the Mend, Ready for a Forever Home

DON'T MISS

Houthis Vow Retaliation Against US for Yemen Airstrikes

DON'T MISS

Chavez-Quintero Debate: How Would You Rate City-County Cooperation?

DON'T MISS

Biden Talks Election, Economy and Middle East in Surprise News Briefing

DON'T MISS

Big Money Rolling in from Commercial Builders for Local School Bond Measure Campaigns

DON'T MISS

Behind the Scenes at Fresno Chaffee Zoo’s Sea Lion Cove: A Flipper-tastic Adventure

DON'T MISS

Clovis Daytime Burglary: 2 Suspects Arrested, 1 at Large

UP NEXT

Clovis Daytime Burglary: 2 Suspects Arrested, 1 at Large

UP NEXT

Tulare County Teen Arrested for School Shooting Threat

UP NEXT

Chemical Smoke Spewing From a Georgia Factory Is Projected to Spread Toward Atlanta as Winds Shift

UP NEXT

Hurricane Helene’s Death Toll Passes 150 as Crews Search for Survivors

UP NEXT

81-Year-Old South Korean Falls Short in Bid to Become Oldest Miss Universe Contestant

UP NEXT

Traffic Stop Leads to Cocaine Bust on Highway 99

UP NEXT

Will an October Surprise Shake Up the Trump-Harris Race?

UP NEXT

US Is Sending a Few Thousand More Troops to the Middle East to Boost Security

UP NEXT

Satellite Service DirecTV Buys Rival Dish as It Fights the Onslaught of Streaming Services

UP NEXT

Supplies Rushed to Communities Isolated by Helene as Death Toll Hits 121

Sweet Lola on the Mend, Ready for a Forever Home

22 hours ago

Houthis Vow Retaliation Against US for Yemen Airstrikes

1 day ago

Chavez-Quintero Debate: How Would You Rate City-County Cooperation?

1 day ago

Biden Talks Election, Economy and Middle East in Surprise News Briefing

1 day ago

Big Money Rolling in from Commercial Builders for Local School Bond Measure Campaigns

1 day ago

Behind the Scenes at Fresno Chaffee Zoo’s Sea Lion Cove: A Flipper-tastic Adventure

1 day ago

Clovis Daytime Burglary: 2 Suspects Arrested, 1 at Large

2 days ago

Trump Stalled California Wildfire Aid? Ex-Aide Reveals Political Motive

2 days ago

Costa Bill Opens Grants for Heavy Manufacturers to Start Using Hydrogen

2 days ago

Watch: Fresno County Supervisor District 3 Debate

2 days ago

Russia Urges Citizens to Leave Israel as Tensions with Hezbollah Escalate

Russia has advised its citizens to leave Israel amid rising tensions with Hezbollah and Iran, reports Newsweek. Moscow’s ambassador to...

18 hours ago

18 hours ago

Russia Urges Citizens to Leave Israel as Tensions with Hezbollah Escalate

21 hours ago

Taxpayers in 24 States Will Be Able to File Their Returns Directly With the IRS in 2025

21 hours ago

California Collects Millions in Stolen Wages, but Can’t Find Many Workers to Pay Them

22 hours ago

Sweet Lola on the Mend, Ready for a Forever Home

1 day ago

Houthis Vow Retaliation Against US for Yemen Airstrikes

Challenger Luis Chavez and incumbent supervisor Sal Quintero debate in Fresno, Thursday, Oct. 3, 2024.
1 day ago

Chavez-Quintero Debate: How Would You Rate City-County Cooperation?

1 day ago

Biden Talks Election, Economy and Middle East in Surprise News Briefing

1 day ago

Big Money Rolling in from Commercial Builders for Local School Bond Measure Campaigns

MENU

CONNECT WITH US

Search

Send this to a friend