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- Ford is cutting production of its F-150 Lightning EV pickup in half next year, according to CNBC.
- The company is facing cooling EV demand and new competition from Elon Musk's Cybertruck.
- It's production cut is the latest sign auto giants are pumping the brakes on EVs.
Ford is cutting production of its flagship F-150 Lightning pickup, in the latest sign that the company is tapping the brakes on its EV push.