ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

VOW3 Volkswagen AG

116.25
1.30 (1.13%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Volkswagen AG TG:VOW3 Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 1.13% 116.25 115.95 116.55 117.20 114.90 115.25 96,033 22:50:02

Ford to Unveil Electric F-150 Lightning Pickup Truck

19/05/2021 5:59pm

Dow Jones News


Volkswagen (TG:VOW3)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Volkswagen Charts.
By Dave Sebastian 

Ford Motor Co. is expected to unveil an all-electric version of its bestselling F-150 pickup truck on Wednesday night, the latest in the push to electrify the auto industry's global lineups.

The auto maker said it would reveal the F-150 Lightning at its headquarters in Dearborn, Mich., at 9:30 p.m. Eastern Time. The vehicle's production is expected to start next spring at the company's River Rouge assembly plant near Detroit, Ford said.

"F-150 Lightning can power your home during an outage," President and Chief Executive Jim Farley said. He added that the vehicle would be enhanced "through over-the-air updates."

Silicon Valley-inspired startups and Ford's established peers, such as General Motors Co. and Volkswagen AG, have spent billions on developing electric-vehicle models. Ford last year said it was expanding its largest and oldest factory to make the electric pickup trucks.

The pickup-truck category is likely to be an important battleground as auto makers race to develop electric vehicles, prodded by tightening environmental regulations and Tesla Inc.'s rapid rise.

While there are no electric pickups from major auto makers on the market today, some are expected to go on sale in the next 18 months, including the F-150 Lightning, and entries from Tesla, GM and startup Rivian Automotive.

Tesla Chief Executive Elon Musk has said the first of Tesla's electric pickup trucks could make it into customer hands before year-end.

The Ford vehicle's introduction is scheduled to be broadcast live on various platforms, including on the auto maker's Facebook and YouTube channels.

In his visit to Ford's Rouge Electric Vehicle Center on Tuesday, President Biden proclaimed himself a "car guy" and used the facility to pitch his $2.3 trillion infrastructure plan, which includes funding for electric vehicles. Mr. Biden test-drove a vehicle the White House said was the F-150 Lightning.

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

May 19, 2021 12:44 ET (16:44 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Volkswagen Chart

1 Year Volkswagen Chart

1 Month Volkswagen Chart

1 Month Volkswagen Chart

Your Recent History

Delayed Upgrade Clock