Will Ford Fix Its EV Problems in a Flash?
Detroit automakers such as Ford Motor Company (NYSE: F) and General Motors are well-known for manufacturing large SUVs and trucks -- it's long been their bread and butter. But nobody's quite sure how that historic success will translate into their electric-vehicle (EV) segments. That could be a huge problem for Ford and GM to solve if they're going to reap the rewards of larger vehicles as the industry transitions to EVs.
Even young EV automaker Rivian (NASDAQ: RIVN) is outselling the F-150 Lightning with its R1T. Is Ford's all-new F-150 Lightning Flash the answer to topping Rivian and improving its overall EV sales? Let's dig in.
It's fair to expect that Rivian coming into the EV space as a start-up automaker and outselling Ford's F-150 Lightning with its R1T would ruffle some feathers. So far, that's been the case.
Source Fool.com
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