Detroit, Ford Motor Co. announced Monday it will halt production of the F-150 Lightning and repurpose EV facilities after sustained losses in its electrification program this week across operations. The company said it will convert its Glendale, Kentucky battery plant to produce battery energy storage systems, lay off 1,600 workers and intend to add 2,100 jobs. Ford also renamed the Tennessee Electric Vehicle Center to Tennessee Truck Plant and shifted output to gasoline and hybrid trucks. The automaker reported $13 billion in EV losses since 2023 and expects a $19.5 billion charge. Based on 6 articles reviewed and supporting research.
This 60-second summary was prepared by the JQJO editorial team after reviewing 5 original reports from WHAS 11 Louisville, WTOP, https://www.actionnews5.com, 2 News Nevada and https://www.wkyt.com.
Data centers, utilities and large industrial customers will gain new supply of battery energy storage systems from Ford’s repurposed Glendale facility.
Approximately 1,600 BlueOval SK employees in Glendale face layoffs, creating immediate household and local economic impacts in Hardin County, Kentucky.
After reading and researching latest news.... Ford’s shift reflects heavy EV losses, facility repurposing, and workforce displacement; the company reported $13 billion in EV losses since 2023, expects a $19.5 billion charge, will lay off 1,600 Glendale workers, and aims to add roughly 2,100 roles in battery energy storage.
No left-leaning sources found for this story.
Ford halts F-150 Lightning, repurposes Kentucky battery plant
WHAS 11 Louisville WTOP https://www.actionnews5.com 2 News Nevada https://www.wkyt.comNo right-leaning sources found for this story.
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