Ford Motor Co. doubled its goal for manufacturing the new electric version of the F-150 pickup truck, the auto maker said Tuesday, sending its stock price to levels not seen in more than two decades.
Ford said it now aims to produce 150,000 a year, citing high demand for the model. About 200,000 reservations have been placed for the opportunity to order one of the trucks, the company has said. The first group of reservation holders will be able to place orders for the electric F-150 beginning Thursday, Ford said.