14:02 ET -- Ford Motor is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Ford will cut the starting price of its electric F-150 Lightning pickup by almost $10,000 to $49,995, one of the automaker's largest cuts to date on an EV model. Ford said the price reductions are the result of increased plant capacity, as well as lower battery and raw material costs. Ford aims to build about 150,000 electric trucks a year beginning this fall at its plant in suburban Detroit. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

(END) Dow Jones Newswires

July 17, 2023 14:17 ET (18:17 GMT)

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