Ford's F-150 Lightning, once seen as a hit, has stalled after Congress and President Trump eliminated federal tax credits for electric-vehicle purchases at the end of September, triggering a sharp sales drop for costly models. Ford has halted production of the $55,000-to-$85,000 truck and won't say if or when it will resume. The setback mirrors a broader shift away from luxury EVs like the Tesla Model S, GMC Hummer and Porsche Taycan, as buyers gravitate to lower-priced options such as the Chevrolet Equinox and Hyundai Ioniq 5.
Comments