If you didn’t hop in line for the most coveted new truck of the year, it might be too late. Ford confirmed that the F-150 Lightning electric truck already has more than 200,000 reservations. That equates to a three-year backlog of orders to get through.
The Ford F-150 Lightning electric truck continues to attract buyers
Electrek says the Ford F-150 Lightning is that popular. Ford confirmed it has 200,000 reservations to fill for the electric truck. Ford anticipates making around 60,000 F-150 Lightning trucks a year, which pushes these reservations across the next three years. People could join the reservation list by paying a $100 refundable deposit.
Ford doesn’t plan on delivering the F-150 Lightning until around mid-2022 as it stands. CEO Jim Farley said that there were approximately 20,000 reservations placed on the first day it was available. That number jumped up to 44,000 within the first 48 hours.
Electrek says that it is normal for a new electric vehicle like the F-150 Lightning to get a lot of orders at once, but it tends to taper off after some time. That does not seem to be the case in this situation.
Ford added some extra reservations for the F-150 Lightning
Ford ended up adding more available reservations due to the popularity. After reservations opened initially, the automaker added another 80,000 spots for buyers. That bumped the total number of pre-orders to 120,000 for the F-150 Lightning. Back in September, Ford reported there were a total of 160,000 reservations on the books for the electric truck.
A recent presentation from Ford noted that around 75% of F-150 Lightning reservations were from those “new to Ford.” A recent survey of Lightning reservation holders told the automaker that 25% of those people were replacing a gas-powered F-150 pickup truck. Of the others, 40% already own an electric vehicle, and 11% own a Tesla.
Ford has plans to produce around 15,000 Lightning trucks in 2022, which ramps up to 55,000 in 2021. By 2024, Ford hopes to be able to make 80,000 electric trucks. That means there are a lot of reservations that won’t get produced for years. Ford hopes to double production to 160,000 trucks by 2025 when the second-generation truck rolls out.
The automaker has big plans with EVs for the next few years
In a recent annual report from the automaker, Ford noted that it had a lot of big plans in the works. It sounds like a well-rounded strategy with the revamp of vehicles already in the lineup and new products coming down the pipeline. Once you add in cars like the popular Ford Mustang Mach-E, Ford is on the right track.
“We’re coming to market with new vehicles that will allow more people to more efficiently and effectively work, move and play in a rapidly changing global transportation network. Ford vehicles are better for the planet, they’re fun to drive, and they’re intimately designed around the needs of both new and existing Ford customers.”Ford
For now, keep an eye on Ford’s social media to see how these plans progress. And if you have a reservation for the Ford F-150 Lightning, good luck.