General Electric Co
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Industrials : Industrial Conglomerates | Large Cap Value
Company profile

General Electric Company is an industrial company. The Company operates through its industrial segments, Power, Renewable Energy, Aviation and Healthcare, and its financial services segment, Capital. Its segments include Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which provides solutions for renewable energy; Aviation, which includes commercial and military aircraft engines, and integrated digital components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies in medical imaging, digital solutions, patient monitoring and diagnostics, and drug discovery, and Capital, which is a financial services division. Its products include commercial and military aircraft engines and systems; healthcare systems and pharmaceutical diagnostics; wind and other renewable energy generation equipment; nuclear and other power generation equipment.

Postmarket

Last Trade
Delayed
$64.15
-0.20 (-0.31%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$64.35
Day's Change
-0.12 (-0.19%)
Bid
--
Ask
--
B/A Size
--
Day's High
66.16
Day's Low
64.21
Volume
(Heavy Day)
Volume:
10,453,405

10-day average volume:
7,173,373
10,453,405

Lightning Strikes Across America: Customer Deliveries Now Stretch Across All 50 U.S. States

6:00 am ET August 3, 2022 (BusinessWire) Print

That was quick - lightning quick.

In just two months, Ford has delivered electric F-150 Lightning(TM) trucks to customers in all 50 U.S. states, from the shores of the Kenai River in Alaska to Houston and even Hawaii.

Texas - the truck capital of America - and California - the electric vehicle capital of America - lead the way with the highest number of F-150 Lightning deliveries through late July.

Early customers have discovered that F-150 Lightning can handle a variety of needs, regardless of where they are located. Take for instance Jeff and Tammy Head, owners of both an F-150 and now an F-150 Lightning, who have primarily used their new electric truck to tow a boat from Anchorage to Kenai River - about a three-hour drive - for salmon fishing.

"From the time we watched it at the reveal, we knew that we wanted it," Tammy Head said. "We had no doubt that this truck will have trademark Ford quality which gave us the confidence to transition to an electric vehicle."

"And the guy in me likes having the baddest truck on the planet," Jeff Head added.

Among the most popular - and most-photographed - features of the F-150 Lightning so far is the Mega Power Frunk. Owners are using the 400 liters of space(1)to store gear and are taking advantage of the 2.4 kW of Pro Power Onboard(2)in the frunk to help power their campsite or charge their power tools while driving.

"This truck is a workhorse. We have driven more than 3,000 miles already and towed and carried hundreds of pounds of concrete in the frunk," said Emre Gol of Texas, who uses his F-150 Lightning Lariat pickup for work at their kitchen and bathroom remodeling business.

Recently, he helped his neighbor's wife, who was away from home with only six miles of charge left on her electric sedan's battery. Gol connected his F-150 Lightning with the sedan's charging adapter and provided enough energy to safely get her back home.

Ford's newest truck is winning EV fans. Nearly 80 percent of early reservation holders said in a survey that F-150 Lightning will be the first full EV in their household.

"The Lightning is the best thing I have ever purchased," said Chris Ashley, a resident of Maryland and a first-time electric vehicle buyer. "With this truck, I can enhance my love of tailgating while at the same time play a small role in creating a better planet for my children."

Ashley has contemplated purchasing an EV for the past couple of years before his wife, Emily, convinced him to buy the F-150 Lightning.

Ford has sold over 4,400 F-150 Lightning electric trucks in the US and Canada (YTD). Ford will report July U.S. sales totals Aug. 3.

To learn more about F-150 Lightning, please visit ford.com.

(1)Cargo and load capacity limited by weight and distribution.

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company's Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for and deepen the loyalty of those customers. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, as well as connected services. Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company. Ford employs about 182,000 people worldwide. More information about the company, its products and Ford Credit is available at corporate.ford.com.

For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005319/en/

SOURCE: Ford Motor Company

Emma Bergg
313.418.6590
ebergg@ford.com

Martin Gunsberg
313.316.5319
mgunsber@ford.com
comtex tracking

COMTEX_411487676/1006/2022-08-03T06:00:05

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