? Lightning Stop Production / Stop Shipment Issued (for battery issue)

[Electric Rivilution]

Uh oh... just announced this morning..

https://www.f150lightningforum.com/...-issued-due-to-potential-battery-issue.14540/

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[COdogman]

The financial media will blame this on Rivian somehow. ?‍

 

[mabowden]

The financial media will blame this on Rivian somehow. ?‍

NIGHTMARE issues on all EV TRUCKS. EV Truck owners can't sell FAST enough!

 

[COdogman]

NIGHTMARE issues on all EV TRUCKS. EV Truck owners can't sell FAST enough!

 

[wicked2112]

 

[Donald Stanfield]

I hope the people in here constantly shitting on Rivian about manufacturing issues and claiming that they are significantly worse than mainstream manufacturers with quality keep things like this in mind when they talk. ALL manufacturers have issues.

 

[kurtlikevonnegut]

$RIVN plummets

 

[Dark-Fx]

Legacy auto with more battery issues. Who woulda thunk.

 

[Trandall]

The Guess-O-Meter on my Dad's lightning (Extended range pack) reads 180 mile range on 100% charge in the morning with 22F temperature and the battery preconditioned to a scheduled departure time. He believes this is false advertising from Ford and is not happy. Probably unrelated to the issue they are having but something Ford should officially address as this seems to be a common situation.

 

[RivnSoon]

Ford has issues? Whaaaaa...

 

[kizamybute']

https://finance.yahoo.com/m/b6fdf755-9874-325e-83ea-d6ea4e2a4f97/ford-halts-production-of-the.html


Al Root
Tue, February 14, 2023 at 12:33 PM PST·3 min read

Ford Halts Production of the F-150 Lightning EV. That’s a Plus for Rivian.
In this article:

Ford has paused building its popular all-electric F-150 pickup truck. How long the stoppage could last is difficult to say.

Ford has stopped producing its all-electric F-150 Lightning pickup truck because of a potential battery issue.
Courtesy of Ford
Ford Motor F –0.92% ‘s electric-vehicle production has run into a hiccup. Transitioning to an all-electric future isn’t easy.

The company has stopped producing its all-electric F-150 Lightning pickup truck because of a potential battery issue, Ford (ticker: F) said Tuesday.

“As part of our pre-delivery quality inspections, a vehicle displayed a potential battery issue and we are holding vehicles while we investigate,” said a Ford spokeswoman in an emailed statement. “We are not aware of any incidences of this issue in the field.”
The news sent Ford stock down about 25 cents, or 2%, from its level before the news emerged. In late afternoon, the stock was down about 1.3% from Monday’s close, while the S&P 500SPX –0.03% was flat. The Dow Jones Industrial AverageDJIA –0.46% was down 0.3%.


“It highlights the daunting challenge of moving from limited [production] to volume production. It also indicates that EVs require specialized engineering skills that may not exist at the traditional car makers,” says Battle Road Research founder Ben Rose. “It’s an obvious positive for Rivian, as the two are neck and neck right now for EV pickup truck leadership.”

Rivian Automotive (RIVN) shares gained about 40 cents, or 2%, from its level before the news, leaving it up 2.3% for the day. Rivian makes a competing electric-pickup truck, the R1T. Rivian delivered 20,332 vehicles in 2022. Ford delivered 15,680 Lightnings, although Ford started delivering the truck in May. Rivian had a full year of deliveries.
Ford hasn’t said when production could restart or exactly what the issue is, but company officials pointed to a battery issue. That could include the batteries purchased from suppliers, battery-pack construction, or even battery-management software common on all EVs.


Ford delivered 61,638 EVs in 2022, including the 15,680 F-150 Lightnings. The Lightning started shipping more significant volumes in June.

That total for the year put Ford behind only Tesla (TSLA) for EV sales in the U.S. this past year. The company plans more growth: It wants to be producing EVs at a rate of about 600,000 a year by the end of 2023. That’s roughly 50,000 a month.

Ford delivered 7,823 EVs in December. If production ramps up smoothly over the year, Ford could make almost 350,000 EVs in 2023. It will have to work out the battery issue, however, to make that happen.

Ford hopes to be have enough capacity in place to build 2 million EVs a year by 2026. Building them efficiently will be important to hitting goals for profit margins. The company wants to earn an 8% operating profit margin on its EVs by later this decade. Ford earned an operating profit margin of 6.5% in 2022.

General Motors GM +0.98% (GM) recalled tens of thousands of its Chevy Bolt EVs in 2021 because of a battery defect tied back to a supplier. The supplier ended up paying the cost of that recall.

 

[Dark-Fx]

Rivian only EV pickup for sale again

 

[Ripped]

It seems like all manufacturers have some sort of growing pains. From Porsche, and Audi all the way down.

The Kona (I have) suffered from battery issues in the early iterations and it seems like they have it sorted now albeit a much smaller car and battery.

I hope Ford gets it figured out

 

[Jay565]

But of course "legacy" companies just know how to build cars...

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