Ford slashes rates of F-150 Lightning trucks as EV price war heats up

Ford slashes rates of F-150 Lightning trucks as EV price war heats up

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deepened a price war in the electric-vehicle industry on Monday by slashing the rates of its F-150 Lightning trucks, including a 17% cut for the base model, as it aims to boost its share of an EV market dominated by Tesla (TSLA.O). Shares of Ford were down about 5% in morning trade. Rival General…

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