Electric Pickup Truck Updates from BYD and Ford

Chinese electric vehicle manufacturer BYD has announced the launch of its first electric pickup truck, the "Shark." Designed to compete in the electric pickup market, the Shark bears a resemblance to the Ford F-150 Lightning and aims to surpass the size of the Toyota Hilux It boasts a four-wheel electric drive system and up to 245 hp It is anticipated to challenge competitors like Geely's Radar RD6, Toyota's Hilux, and Isuzu's D-MAX in markets such as Thailand, Australia, and South Africa. BYD is also exploring expansion opportunities for the Shark in Europe and South America Meanwhile, Ford has discontinued the most affordable 2023MY Pro trim for its 2024 F-150 Lightning, leaving the XLT as the entry-level trim at $62,995 They have introduced a new 'Flash' trim with enhanced features and an extended-range battery, starting at $67,995. Noteworthy updates for the 2024 Lightning models include a Vapor Heat Pump System and tow tech package standard in all trims While the prices have increased, Ford expects to maintain its foothold in the intensifying electric pickup market.