If you have been pushing aside inserting a reservation for Ford’s upcoming EV F-150, you are in for some dangerous information. There are no extra. Reservations, I imply. The firm has reportedly received 200,000 orders for the model and are not taking any extra. 

As Ford CEO, Jim Farley, introduced on a stay airing of CNBC Investing Club Thursday, “we are completely oversubscribed with our battery electric vehicles, Lightning especially.”

“We had to stop reservations we got so many,” he added. “We stopped at 200,000, and those are orders. Hard orders.” That’s not like the Maverick, which saw 100,000 reservations in the first two months after its debut however didn’t require potential consumers to really put down a money deposit so anybody might add their identify to the listing, financially risk-free. 

Even with this newly put in cap, Ford faces a major manufacturing problem. Farley famous throughout the present that full manufacturing capability for the Lightning presently sits at “70,000 or 80,000 models.” Don’t fret in the event you’re already on the reservation listing, Ford is already in search of methods to spice up its EV output. 

“We’re going to try to double that,” Farley informed CNBC host Jim Cramer. “We’ve done it in the past. Don’t bet against Ford when we have to increase capacity. This is what we do.”

Initial deliveries for the F-150 Lightning are slated for the center of 2022.