Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Mullen Automotive Inc. (MULN) Message Board

The Ford F-150 Lightning Could Be the Needed Turni

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 1075
(Total Views: 240)
Posted On: 05/13/2022 4:54:42 PM
Avatar
Posted By: NetworkNewsWire
The Ford F-150 Lightning Could Be the Needed Turning Point for EVs

The F-150 Lightning pickup truck made by Ford has been introduced onto the market, and it could turn out to be the elusive key that unlocks the floodgates of people buying electric vehicles in mass, at least within the United States. Several factors provide reason for this optimism.

First, Ford’s pickup trucks, the F-Series, hold the record for being the most popular as well as best-selling vehicles in America. The company has made the huge decision to overhaul these vehicles, making fully electric versions of these much-loved trucks. At the moment, 5.8% (16.4 million F-series pickup trucks) of all automobiles on American roads are Ford pickups. This means that there is huge potential for the Lightning to attract buyers in droves, thereby popularizing EVs in the United States.

This brings us to the second factor in favor of the F-150 Lightning — its price. One of the key reasons why people have been slow in buying EVs is their high upfront cost. The F-150 Lightning was made with that concern in mind, and the price for the vehicle starts at just under $40,000 for the lowest trim level. For comparison purposes, the Lightning costs about one-half what buyers would need to fork out in order to acquire Rivian’s R1T pickup.

The other available electric pickup is GMC’s Hummer, and its starting price is more than $110,000. The release of Tesla’s Cybertruck was delayed (yet again), so let’s not get into discussing what isn’t yet available on the market. You can now see that the Lightning is more pocket friendly for most Americans.

The third reason is that the 150 Lightning enjoys a first-mover advantage. How so? Rivian’s R1T and CMC’s Hummer are already on the market, but their prices make them inaccessible for the vast majority of Americans. However, the Lightning is the first fully electric pickup truck to be manufactured for the mass market. You can bet that a sizeable number of those who have been driving the gas-powered F-Series will gladly make the switch to the electric version, and this gives Ford a huge leg up on the competition, whose trucks are still seen as expensive toys.

With almost 200,000 orders already placed for the F-150 Lightning and the company working to ramp up production so that it can make a minimum of 150,000 of these vehicles each year starting in 2023, the stage looks set for electric pickups to take charge of American roads. Other EVs makers, such as Mullen Automotive Inc. (NASDAQ: MULN), can then ride on this success to make their own mark on the other segments of the market.

NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer




(0)
(0)




Mullen Automotive Inc. (MULN) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us