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Ford has been taking some hits in the media on the F-150 Lightning towing range, so we thought it would be good to test it ourselves and then get the background from the people who built the Lightning, especially as we head into winter. Along with Ford’s PR team, we were joined by:

  •  Dapo Adewusi, F-150 Lightning Engineering Manager
  •  Gitanjli McRoy, Chief Engineer, EV Energy Management Systems

Here’s the discussion along with firsthand towing impressions in both New York and Detroit.

I wanted to see how much range I’d lose while towing because there have been some recent videos showing only low double-digit-mile ranges coming out of the Lightning.

It is hard to quantify how much range you’d lose because of a ton of significant factors, like trailer weight, aerodynamics, and efficiency as well as normal EV range factors like elevation, climate, speed, etc., which are magnified while towing a trailer.

So I did two different tows: one with an open hauling trailer with a friend in New York and one with a closed trailer in Detroit – both very different experiences.

F-150 Lightning towing in the New York hills

After receiving the F-150 Lightning loaner, I immediately went to a friend’s place to try some towing. He’s got a tiny house Airbnb north of New York City, which requires hauling loads of firewood into the mountains. As the weather gets colder, the tiny house mini split heating requires 240V power, and we wanted to see if the Lightning could power it.

His trailer is about 7×5 feet and weighs about 5,000 pounds loaded. Using the rear and above camera views makes hitching the trailer a breeze.

F-150 Lightning Towing

Without any outside instruction, we were able to enter the info into the Lightning’s towing configurator and were off in a matter of minutes.

The trip was mostly uphill, and after about six minutes, our already dropping fast range dropped by about half, which was initially very scary. I had started the trip with about 180 miles of range and within a few miles of uphill road, we were at about 140 miles of range. The truck recalibrated us down to 68 miles of range, which was a bit scary since we had planned to try powering the house while we were there and had to make it back as well.

The truck continued to lose range quicker than we were using it until the top of the mountain where it equalized with the range. That gave us a lot of confidence to try powering the house since most of the return trip was downhill and we would be without the load of wood.

Lightning powers a tiny house, including heating, easily

This exercise doesn’t really have to do with towing, but while we were at the Tiny House, we decided to try to power the whole house, including mini split heating, using the F-150 Lightning’s Pro Power on board and 240V generator plug.

It just works. Usually, this requires a generator or a very large solar/battery setup, but not only can you tow a Tiny House (or Airstream/camper) to the middle of nowhere, you can also power it and heat it with the F-150 Lightning. I think I may have sold a few F-150s on this alone.

With the heat on full blast, the two power outputs stabilized at just over a kW, meaning we could have powered this thing for a full day using about 25kWh of battery.

The interesting thing about the trip back is that we ended with just about the same range as we’d started with, so we must’ve regenerated close to the 10 miles of range of the trip going downhill.

F-150 Lightning towing on flat ground

In Detroit, we drove an 8,000-pound trailer, 8×8 feet front end, about 15 miles on the highway, with about five miles of city driving, then 15 miles to return. Initially, while on the highway, I kept it at about 55-60mph (just under 100kmph). Most of the Detroit area is quite flat, so elevation isn’t a factor here, and it was about 40 degrees with rain. During this time, I saw energy usage at 1 mile/kW, which means we can extrapolate 130+ miles from the 131kWh usable battery. I would use this figure as a baseline for towing. You might get better in warmer, dryer conditions with a smaller trailer, but starting here is easy and effective, and you can always drop down to this speed when towing on the highway.

While driving in the city with stops and starts, I saw the mi/kWh go down to .9, so keep in mind that city driving with an 8,000-pound load won’t necessarily save you range.

On the return trip, I tried hitting 65-70mph for brief periods, and that took the power usage down to .8 miles per kWh. So by driving just 10 mph faster, the range went from approximately 130 miles to about 100 miles.

Conclusion: Speed kills range, but it kills it even harder with a 64-square-foot front trailer. I imagine the videos where the F-150 Lightning gets only a low double-digit range are staged or at best poorly planned.

I finished with the following numbers after mixed driving:

F-150 Lightning Towing

F-150 Lightning Towing Observations

  • Probably the biggest takeaway for me is that towing is highly dependent on outside variables, many of which are controllable by the driver. Just dropping from about 67mph to about 57mph, for instance, added around 30 miles of towing range. The off-roading trim on my F-150 Lightning drops about 50 miles from the nontowing range, so prioritize accordingly.
  • Preconditioning the vehicle in cold weather can save almost all losses from the weather. Towing does put a higher strain on the batteries, but that heat keeps the pack warm and helps heat the interior of the vehicle.
  • One interesting thing I noted in hilly New York was that you lose a lot going uphill, but the regen going back down often mostly makes up for it (something that isn’t the case for ICE trucks).
  • On highway driving, as long as the trailer is built and maintained well, weight IS NOT a huge factor in flat road driving but aerodynamics IS. It makes sense since once you get the inertia going, weight doesn’t really put a force on the vehicle (as long as the speed is consistent), but the drag from the trailer is a constant and strong force, which increases exponentially with speed.
  • Plows (would impede the frunk) and camper backs aren’t currently supported officially on the F-150 Lightning, but Ford is taking this into consideration for the future. Ford also notes that it is your truck, and you can do what you want with it. Also, Ford officially supports putting 400 pounds in the trunk, which is a lot less than most plows.
  • The overall towing experience is so smooth and effortless compared to ICE that drivers might forget they are towing. There’s no audible cue of higher revving and struggling motors. The electric drive system makes slowing down and speeding up seem like a normal drive. Ironically, forgetting you have a trailer can actually be a concern when maneuvering/cornering, so stay alert!
  • There’s no way to sugarcoat it: The Lightning’s towing range isn’t as robust as its ICE counterparts. If you are towing a tiny house up a remote mountain, you might want to look elsewhere. However, for over 90% of towing use cases, the Lightning suffices, especially if planned accordingly with charging stops.

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Stark VARG MX 1.2 launched as smarter, stronger, and absurdly powerful electric motocross bike

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Stark VARG MX 1.2 launched as smarter, stronger, and absurdly powerful electric motocross bike

Electric motocross just got another serious upgrade. Stark Future has unveiled its latest evolution of the VARG MX platform – meet the VARG MX 1.2. With more powertrain efficiency, longer range, and a tech-infused new onboard computer that moonlights as a military-grade Android phone, this bike is maintaining the Stark VARG playbook of doing more than keeping up with gas-powered competition, it’s burying them.

Stark Future is flying high, both literally with impressive performance that has helped riders to expand their options so aggressively that it’s gotten itself banned from the X-Games, to proverbially with the company already touting profitability so early in its operations.

At the heart of the VARG MX 1.2 is the same 80 hp (60 kW) electric motor that made the original VARG such a monster on the dirt, easily outgunning traditional 450cc gas bikes. But this time around, riders get even more customization. The power output can be adjusted anywhere from 10 to 80 hp (7.5-60 kW) on the fly, with refined control over the power curve and motor braking. Basically, it’s like having a garage full of bikes in one, and all of them are really impressive!

Helping riders tap into all that performance is a new handlebar-mounted smart device called the Arkenstone. This isn’t your average LCD screen, it’s a full-fledged, ruggedized Android smartphone that connects wirelessly to the bike. Want to change power modes mid-lap? Done. Want to track your lap times and get real-time GPS data? Also done. Stark even partnered with a major map provider to make sure the new “Laps” feature delivers real course splits and terrain data without the need for external apps or gear.

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And of course, performance is still king here. The new 7.2 kWh battery tucked into a lightweight magnesium honeycomb case delivers up to 20% more range than before. That means longer rides, harder pushes, and fewer recharge breaks. Oh, and it still puts out 973 Nm of torque at the rear wheel. Not a typo. That’s insane torque.

The updated chassis is no slouch either. Stark redesigned the frame using a stronger, lighter steel alloy, shaving off nearly a kilogram while improving flex and feedback. Suspension was also retuned with KYB components offering 310mm of travel and selectable spring rates based on rider weight – a level of adjustability that’s unheard of from most OEMs.

Motocross legend Kevin Windham, after testing the bike, didn’t hold back: “I’ve ridden everything there is to ride, and this is the future.” He praised the natural feel, instantaneous response, and how quickly it felt like home, even after decades on gas bikes.

But the VARG MX 1.2 isn’t just a lab project. It’s been relentlessly race-tested under the leadership of two-time World Champion Sébastien Tortelli, who now heads up Stark’s racing program. “Racing is where weaknesses show and strengths are proven,” says Tortelli. “Every race, every rider, every condition feeds into what we build.”

Other upgrades include a new overmolded wiring harness for extreme durability, a lighter and more efficient gearbox, new tires (Dunlop or Pirelli, your call), and even a reinforced skid plate made from biodegradable materials. Optional titanium hardware can shave off another 900 grams if you’re counting grams like trophies.

Maintenance? Practically nonexistent. With no pistons, clutches, or filters to fuss over, Stark says its riders can save up to $5,000 over 100 hours of use compared to a traditional gas bike. And in an industry notorious for limited warranties, Stark is backing the entire bike for two years.

Those cost savings are going to be important considering that electric motorcycles usually have higher up-front sticker shock. But with the new Stark, pricing is surprisingly competitive for something this high-end.

The 60 hp (45 kW) standard model starts at US $12,490, while the full-fat 80 hp (60 kW) Alpha comes in at $13,490 (plus a $1,000 tariff charge for US buyers). Bikes are available now through Stark’s global dealer network or directly from the company’s site.

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BP CEO hails exploration discovery boon after surprise profit beat

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BP CEO hails exploration discovery boon after surprise profit beat

Trowbridge in Somerset, England, on March 15, 2025.

Anna Barclay | Getty Images News | Getty Images

BP CEO Murray Auchincloss on Tuesday leaned into the growth potential of the company’s recent oil and gas discoveries, as the struggling energy major contends with takeover questions and a major turnaround plan.

“Inside the upstream, we’ve had tremendous performance, along with record operating efficiency [and] along with starting up five new major projects,” BP’s Auchincloss told CNBC’s “Squawk Box Europe“, just after the release of the company’s second-quarter results.

He added that he was “very optimistic” about the company’s latest exploration discovery in the Bumerangue block in Brazil’s Santos Basin, just over 400 kilometers (248.5 miles) from Rio de Janeiro. BP is currently carrying out tests to further analyze the block’s potential.

The Bumerangue discovery, announced Monday, is the firm’s 10th since the start of the year and reflects a potentially significant boost as BP continues to double down on hydrocarbons.

We’re focused on growing cash flows, BP CEO says, amid takeover rumors

After underperforming its peers in recent years, the firm has shifted gears by way of a fundamental strategic reset that will see BP prioritize fossil fuels and slash renewable spending.

Earlier on Tuesday, the energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35 billion for the three months through June — comfortably beating analyst expectations of $1.81 billion, according to an LSEG-compiled consensus.

Ramping up investor returns, the company also said its quarterly dividend will increase to 8.32 cents from 8 cents and that it will maintain the pace of its share buyback program at $750 million for the second quarter.

Shares of the company were last seen trading 1.6% higher during morning deals.

Takeover speculation

The downturn of recent years has turned BP into the subject of intense takeover speculation, with some questioning a potential future merger with domestic rival Shell. For its part, Shell in late June said that it had “no intention” of making an offer.

UAE oil giant ADNOC, as well as U.S. oil giants Exxon Mobil and Chevron, are among some of the names that have also been touted as possible suitors.

Asked whether the company had been approached by any potential merger partners amid ongoing takeover speculation, Auchincloss said BP is focused on growth.

“That’s what is going to drive the share price up for shareholders,” he added.

CEO of BP Murray Auchincloss speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. 

Mark Felix | AFP | Getty Images

Maurizio Carulli, global energy analyst at Quilter Cheviot, said BP’s earnings were the company’s first positive quarterly results “in a very long time,” noting that “what is perhaps most encouraging” was the firm’s outperformance came despite a period of lower oil prices.

“The management team has clearly started delivering on the strategy reset announced a few months ago. There has been huge speculation of late on the fate of BP and whether or not a rival will look to take them out with a merger,” Carulli said.

“If positive results like this continue to be delivered, that speculation may just end up being a blip in BP’s long and storied history,” he added.

Asset review

BP, which is under intense pressure to improve profitability from the likes of activist investor Elliott, noted that it would initiate a further cost review of its assets — mere weeks before Albert Manifold joins BP’s board from Sept. 1 and as chair from Oct. 1.

Asked for further details of this strategic review, Auchincloss told CNBC: “If you think back to 2020, we reduced our costs by 25%, and in 2024 we announced another program to reduce our costs by another 20%. That’s the $4-5 billion that I referenced earlier.”

“If we can achieve that, that will take us to around top quartile in the sector, but I don’t think that is enough,” Auchincloss said.

BP’s net debt came in at $26.04 billion at the end of the second quarter, down from nearly $27 billion compared to the first three months of the year.

“We need to keep driving safely to be the very best in the sector we can be. And that’s why we’re focused on another review to try to drive us toward best in class inside the sector,” Auchincloss added.

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Saudi Aramco posts drop in quarterly revenues amid lower crude, oil products prices

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Saudi Aramco posts drop in quarterly revenues amid lower crude, oil products prices

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. 

Hamad I Mohammed | Reuters

Saudi Aramco on Tuesday posted a drop in second-quarter revenues, citing lower crude oil and refined chemical products prices that were only partially offset by higher traded volumes.

The world’s largest oil company declared an adjusted net income of 92.04 billion Saudi riyal ($24.5 billion) over the three months to the end of June. The result compares with a forecast of adjusted net income of $23.7 billion, according to an analyst survey estimate supplied by the company.

Second-quarter revenues dropped to 378.83 billion Saudi riyals from 425.71 billion Saudi riyal in the same period of the previous year.

“Market fundamentals remain strong and we anticipate oil demand in the second half of 2025 to be more than two million barrels per day higher than the first half,” Aramco CEO Amin Nasser said in a Tuesday statement accompanying the results.

Crude prices have stayed depressed over the course of the year, barring a brief second-quarter flare-up sparked by Israel-Iran tensions. Futures have been under pressure from an uncertain outlook for demand, exacerbated since April by the rollout of Washington’s wide-spanning tariffs. The protectionist trade measures muddy the picture for growth in the world’s largest economy and the future of the U.S. dollar, which denominates most commodities — including crude oil.

Aramco’s income is set to see a boost from higher output, after Saudi Arabia – and seven other OPEC and non-OPEC partners — complete unwinding 2.2 million barrels per day of voluntary cuts through a last tranche in September. Saudi Arabia most recently produced 9.356 million barrels per day in June, according to independent analyst estimates compiled in OPEC’s Monthly Oil Market Report.

Aramco has increasingly tapped debt markets, with two issuances totalling $9 billion in the second half of 2024 and a three-part bond sale of $5 billion this year.  

Front of mind for investors is the dividend policy at Aramco, which in March slashed investor returns for 2025 to $85.4 billion — down sharply from the $124.2 billion of 2024 — after a first-quarter decline in net profits. Aramco declared a base dividend of $21.1 billion and a performance-linked dividend of $0.2 billion in the third quarter.

The company’s dividend yield stood at 5.5% as of Monday, still ahead of U.S. industry peer Exxon Mobil‘s 3.6% and Chevron‘s 4.5%, according to FactSet data.

Aramco’s payouts ripple sharply into the budget of Saudi Arabia, which has been juggling diversifying its economy away from oil reliance under Crown Prince Mohammed bin Salman’s signature Vision 2030 program. Saudi Arabia’s gross domestic product expanded by 3.9% in the second quarter, boosted by non-oil activities.

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