off-the-wire

Ford halts production, shipment of F-150 Lightning electric truck- CNBC

Kitco Media
By Reuters
Published:
Updated:
Reuters

Feb 14 (Reuters) - Ford Motor Co (F.N) halted production and shipment of its F-150 Lightning electric truck following a potential battery issue, CNBC reported on Tuesday.

The report said the automaker was investigating the issue after a potential problem was detected in a vehicle during its pre-delivery quality inspections.

Shares of Ford reversed course to trade down about 1.5% in afternoon trade after the report.

Ford did not immediately respond to Reuters' request for a comment.

Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli
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