Ford Motor Co will halt production of its electric F-150 Lightning pickup for another week following a battery issue that caused an EV truck to catch fire earlier this month, the U.S. automaker said on Friday.
The Ford F-150 Lightning pickup truck is seen during a press event in New York City, U.S., May 26, 2021. REUTERS/Brendan McDermidwill halt production of its electric F-150 Lightning pickup for another week following a battery issue that caused an EV truck to catch fire earlier this month, the U.S. automaker said on Friday.
Shares of the company were down about 2%, while rival General Motors Co also fell 1.5% in morning trade.it is holding talks with Ford over the issue. SK On, a South Korean EV battery maker and supplier to Ford, has again started building battery cells at a plant in Georgia. "It will take SK time to ensure they are back to building high-quality cells and to deliver them to the Lightning production line," Ford said in a statement.
"We agree with SK On's recommended changes in their equipment and processes for SK's cell production lines."it will continue to hold already-produced vehicles while it worked through engineering and process updates.
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