Credit: Thomas Banneyer/picture alliance via Getty Images

Ford’s F-150 Lightning production line has fallen silent, and its employees are now building more gas and hybrid trucks. The automaker continues to retreat from the big bet it made on Americans embracing full-size battery electric pickup trucks, and will focus instead on cheaper vehicles, hybrids, and range-extended electric vehicles—or EREVs—instead, it announced today.

One of those EREVs will be the Lighting’s replacement. With a gasoline generator that just charges the battery—series hybrid fans rejoice—the next Lightning comes with the towing ability that Ford says its customers consider “non-negotiable,” and up to 700 miles (1,126 km) of range.

“Our next-generation F-150 Lightning EREV will be every bit as revolutionary. It delivers everything Lightning customers love – near instantaneous torque and pure electric driving. But with a high-power generator enabling an estimated range of 700+ miles, it tows like a locomotive. Heavy-duty towing and cross-country travel will be as effortless as the daily commute,” said Doug Field, Ford’s chief EV, digital and design officer.

Repurposed battery factory

Ford’s announcements today can’t be said to have come out of the blue. Rumors of the F-150’s demise have been circulating for more than a month, and last week SK On ended its joint venture with Ford that was building a pair of EV battery plants in Kentucky and Tennessee.

We learned then that Ford would keep the Kentucky plant and SK On gets the one in Tennessee, which would focus on the energy storage business instead. Now, we know that something similar will happen at the Kentucky plant—Ford says it’s spending $2 billion to convert the factory to make prismatic lithium iron phosphate (LFP) cells.

Those aren’t destined for EVs, but they are the preferred cell format for data centers, Ford says. The company says that it will bring the factory online in the next 18 months, reaching an annual output of 20 GWh.

Other Ford plants are also being repurposed. With no full-size BEV pickup in the product plans, the assembly plant in Tennessee that was to produce it—the one near the battery factory that SK On is keeping—will instead build new gas-powered trucks, although not for another four years. Around that same time, its Ohio assembly plant will begin building new commercial vehicles.

All of this will impact Ford’s bottom line, to the tune of $19.5 billion over the next few years, $5.5 billion of which will be in cash. Most of that will hit in the final quarter of 2025, but will extend until 2027, Ford said.