The F-150 Lightning is the company's first electric truck.
In 2020, during the pandemic, Ford sold 556,145 gas-powered F-150 trucks, according to auto data firm Edmunds.
The Ford F-150 Lightning will be made at Ford's Rouge Electric Vehicle Center in Michigan.
This is an "essential step" in getting America to adopt electric vehicles, said Ben Prochazka, executive director of EV advocacy group Electrification Coalition.
In 2019, the average sticker price for a new EV was $20,000 more than the price of a new gas car.
"We redesigned [the F-150] to be friendly to first-time battery electric vehicle owners," said Darren Palmer, Ford's battery electric vehicle general manager for North America.
Meanwhile, Tesla's Cybertruck is pretty much an inside joke for loyal, longtime Tesla fanatics and early EV adopters. »