Ford has announced its intention to halt production of the electric F - 150 Lightning pickup truck this coming Monday, primarily due to sluggish sales. The company is now mulling over the possibility of redesigning the vehicle as a plug - in hybrid model. This revamped vehicle is set to feature exclusive technology, with projections indicating that it will be capable of traveling over 700 miles on a single charge.

In a parallel move, Ford has substantially scaled down its battery production plans within the United States. Simultaneously, it has made the strategic decision to broaden the scope of Chinese technology integration in its battery offerings. This decision is likely to stir up a hornet's nest in Washington, given the current geopolitical climate.

Ford clarified that it intends to leverage these Chinese technologies to manufacture stationary batteries. These batteries are earmarked for use in artificial intelligence data centers and for grid energy storage purposes, which aligns with the growing demand for efficient and reliable energy solutions in these sectors.