Ford has doubled its production target for the all-electric F-150 Lightning pickup, according to a report from Reuters.
The first electric version of the nation’s top-selling truck is expected to start deliveries next year. According to the report, demand for the Lighting has been so strong that Ford has decided to pump $850 million in production efforts.
Ford is now aiming to produce 80,000 electric F-150s in 2024, an increase from 40,000, according to the report.
The company is planning to build 15,000 next year, 55,000 in 2023, and up to 160,000 units of a second-generation 2025 Lightning.
Ford unveiled the vehicle in May. The truck will have two separate liquid-cooled batteries, the 230-mile standard and the 300-mile extended range. Ford says the F-150 Lightning targets 563 horsepower, 775 lb.-ft. of “near-instantaneous” torque and a 0-60 mph time in the mid-4-second range. Ford is targeting a maximum 2,000 pounds of payload in the standard-range model with 18-inch wheels, and a maximum 10,000 pounds of available towing capacity on XLT and Lariat trucks with the extended-range battery and Max Trailer Tow Package.
The F-150 Lighting is part of a pack of electric pickups coming to market soon, including the Tesla Cybertruck, GMC Hummer, and the Rivian R1T.