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May 22, 2021 | Ford Gets Serious with Electric F-150 and Home Back Up Power

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Not only will these trucks be much cheaper to run than ICE versions, no one will need a loud, expensive, gas-powered backup home generator either.  Smart-tech is going mainstream, at last.

The F-150 has been the best-selling vehicle in Canada for 11 years in a row, and Ford’s first all-electric pickup truck is to be available for purchase starting in 2023.

Ford lists 2,000 pounds of payload capacity with the standard-range battery, while the extended-range battery offers a 10,000-pound tow rating when equipped with the tow package. The Lightning will also come with either 420 or 563 horsepower depending on battery size. With the extended-range battery, its 0-60 mph acceleration time is in the mid-4-second range. As for the electric part of the F-150 Lightning, it is best to think of it as one big battery you can drive. Ford is introducing a feature called Intelligent Backup Power that, when configured properly, can provide 9.6 kilowatts’ worth of power to your home. Over the next 18 months, we expect to see new electric trucks from GM, Rivian and Tesla. The electric Ford F-150 Lightning is positioning itself as the most real-world practical of these EV trucks. It has all the features you would expect from an electric vehicle yet maintains its pickup truck roots. This is the reveal of the all-new Ford F-150 Lightning electric pickup. Here is a direct video link.

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May 22nd, 2021

Posted In: Juggling Dynamite

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