"Watershed moment": Ford betting big on electric F-150 for itself, auto industry and climate change fight
CBSN
Pittsfield Township, Michigan — 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 will take just 4.5 seconds. 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 gasoline-powered vehicles - a cornerstone of President Joe Biden's broad effort to fight climate change.More Related News