Breaking Business News | Breaking business news AM | Breaking Business News PM

With Ford’s electric F-150 pickup, the EV transition shifts into high gear

15 Jun 2021

Ford calls its all-electric F-150 Lightning "the truck of the future." Ford, CC BY-ND

When President Joe Biden took Ford’s electric F-150 Lightning pickup for a test drive in Dearborn, Michigan, in May 2021, the event was more than a White House photo op. It marked a new phase in an accelerating shift from gas-powered cars and trucks to electric vehicles, or EVs.

In recent months, global auto manufacturers have released plans to electrify their vehicle fleets by 2030 or 2035, setting up a race to see who can most quickly shift entirely away from producing vehicles powered by gasoline.

Like Biden, former President Donald Trump promised to create jobs in the auto industry. But Trump sought to do it by perpetuating a fossil-fueled system that is the largest source of U.S. greenhouse gas emissions. Automakers benefited from some Trump policies in the short term, including the rollback of fuel economy standards. Now, however, they seem to be embracing the challenge of competing globally in a climate-constrained future.

As an environmental historian, I see this moment as pivotal because unlike EVs from manufacturers like Toyota or Tesla, the electric F-150 does not entirely rely on green consumer choice. It places the electric vehicle transition squarely in the hands of mass-market consumers who don’t choose cars based on environmental considerations, and who are buying far more light trucks – pickups, sport utility vehicles and minivans – than cars today.

The century of gasoline

America’s 20th-century affair with gas-powered cars was not inevitable. From 1890 through about 1915, vehicles powered by horses, coal, electric batteries and gasoline jockeyed for position on U.S. streets. And electric-powered vehicles had some clear advantages. Many consumers feared that gas-powered cars were prone to explode, and there was no nationwide fueling infrastructure.

But World War I combined with a moment of technological convergence that favored the internal combustion engine. Massive new petroleum discoveries in Texas, and later in the Middle East, produced a glut of oil, just as electric lighting replaced kerosene lamps.

In a photo captioned ‘Another fine example of modern engineering,’ members of the 1919 Transcontinental Motor Convoy decide whether a rickety bridge will support their vehicles. Eisenhower Presidential Library

In 1919, Capt. Dwight D. Eisenhower joined a small convoy that crossed the U.S. in gas-powered military vehicles to test Army mobility. It took them 62 days – clear evidence that modern vehicles required better roads.

By World War II, gasoline-powered personal transportation and road-building to support it had become planks of American economic growth. In the 1950s, President Eisenhower furthered that commitment with the construction of the most extensive system of highways the world had ever seen.

Car culture and the pickup truck

Americans’ particular contribution to 20th-century transportation patterns was making automobiles part of a competitive consumer marketplace. Starting in the 1950s, a complex economy of easy financing and advertising drove consumers to buy new and buy often. Every aspect of a car was a potential marketing point, from chrome styling to hemi-powered hot rod engines and more modern options like remote starting and rear-seat theaters.

Another uniquely American marketing achievement was framing trucks – utilitarian vehicles designed for work – as rides that could also serve consumers. Advertisers used themes of grit and power to sell trucks, depicted in the muddy expanses of western landscapes, to suburban drivers.

Federal fuel efficiency standards enacted in 1978 unintentionally reinforced the idea of trucks as a consumer product. These Corporate Average Fuel Economy standards classified pickups as “light trucks,” along with sport utility vehicles and minivans, and set separate fuel efficiency standards for them.

President Joe Biden, a self-described ‘car guy,’ drives a test model F-150 Lightning truck at Ford’s Dearborn Development Center on May 18, 2021. AP Photo/Evan Vucci

By the year 2000, pickup trucks were U.S. automakers’ most profitable models, and manufacturers were looking for ways to make these vehicles more powerful and luxurious. Ford’s F-150 became the best-selling vehicle in the nation in 1982 and held that spot for the next four decades.

Lightning in a bottle?

Modern hybrid and electric vehicles emerged in the 1990s, driven by Japanese manufacturers’ innovations. Early versions – the Honda Insight and Toyota Prius, and later the Nissan Leaf – allowed consumers to choose automobiles that burned much less gasoline, or none in the case of the Leaf. Options like these had been unavailable during the gas crises of the 1970s.

While the Prius, which was the first mass-produced hybrid electric vehicle, will likely be remembered as transformational in the electric transition, Tesla was the first manufacturer to take the possibility of an alternative vehicle and combine it with style and prestige. Tesla brought bling and sex appeal to early EVs, many of which had functioned more like their golf-cart cousins.

Today’s hybrids and EVs aren’t just little sedans. Manufacturers including Honda, Toyota and Ford offer popular hybrid SUVs, and all-electric versions are entering the market. And now the electric F-150 breaks new ground. It’s targeted at small businesses and corporate customers, particularly construction and mining companies, which purchase many trucks. These buyers are the auto industry’s bread and butter.

Car-buying guide Edmunds suggests thinking of the electric F-150 as “a battery you can drive.”

To satisfy their needs, the Lightning has a battery large enough to travel more than 200 miles per charge (320 kilometers), and paying a bit more gets customers over 300 miles (480 kilometers). An electric motor on each axle provides faster acceleration than gas-powered models and enough torque to tow 10,000 pounds (4,535 kilograms).

In a unique feature, the truck’s battery pack can be configured to produce 9.6 kilowatts of power – enough to run an average home for three days during an outage. The Lightning also has 11 outlets that enable it to double as a worksite power station for charging tools and gear.

The base model has a sticker price just under US$40,000, and the Lightning qualifies for a $7,500 federal tax break for electric vehicle purchases that the Trump administration tried unsuccessfully to end. Combined, those factors can make it cheaper to buy than its gas-powered sibling.

[Over 100,000 readers rely on The Conversation’s newsletter to understand the world. Sign up today.]

Ford’s 1908 Model T may look like ancient history by comparison, but experts chose it as the car of the 20th century because it put gas-powered cars within reach for mass consumers. Judging from early consumer buzz, the electric F-150 could play a similar role for EVs today. Ford received 100,000 preorders in three weeks for the new model, which is scheduled to start rolling off the assembly line in spring 2022.

As one analyst put it, “If this truck is successful, it means you can sell an electric version of any vehicle. It could be the domino that tumbles over the rest of the market for EVs.”

Brian C. Black does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.


Read the full article here.
This content was originally published by The Conversation. Original publishers retain all rights. It appears here for a limited time before automated archiving. By The Conversation

Covid-19 – Johns Hopkins University

Download brochure

Introduction brochure

What we do, case studies and profiles of some of our amazing team.

Download

Global Advisors | Quantified Strategy Consulting