But the EREV can be charged from ICE also...it doesn't need to be plugged in, but that kinda defeats the purpose, but it eliminates the biggest issue I can see people would have with the Lightning-the range being extremely short if you towed anything of significance. 

Crazy

I don't think Farley is a "paper" CEO, but I'm sure he's guided by Bill Ford.  Remember, Fields was pushed out because he wasn't investing enough in EVs for Bill's liking.

F-150 buyers love their trucks, no matter the powertrain. For me and thousands of other F-150 Lightning owners, the all electric powertrain is best. But other F-150 customers may prefer other options, which is fine.   Ideally, Ford would bolster its position as the king of choice for full size pickup truck buyers and offer all of these in future F-150 models: V8 gasoline, non-turbo, conventional V6 gasoline, turbo, hybrid (non plug-in) I4, I5, or V6 diesel, turbo, hybrid (non plug-in) EREV (plug-in) All electric (plug-in)

Here you go....               Lol, I'll wait till we actually see it in pictures, but meh.  It seems a little better than the current, but meh.

Real world info (if Google AI got it right) from the Bronco New Energy   Key Specifications (EV Variant) Battery: 105.4 kWh LFP Motors: Front (130 kW) + Rear (202 kW) Total Power: 445 hp (332 kW) Range: 650 km (404 miles) on CLTC cycle Drivetrain: AWD Weight: ~2,630 kg (5,800 lbs)  Key Specifications (EREV Variant) Battery: 43.7 kWh LFP Range Extender: 1.5L Turbocharged Gas Engine (110 kW) Motors: Front (130 kW) + Rear (180 kW) Total Power (Electric): 416 hp (310 kW) Electric-Only Range: 220 km (137 miles) Total Combined Range: 1,220 km (758 miles) Drivetrain: AWD Weight: ~2,510 kg (5,535 lbs)    The EREV has a much smaller batter (less than half of the EV variant) and weighs about 250lb less   The F-150 Lightning weighs 6-6800 lbs depending on the model/battery   The 3.5L Hybrid is 5-5800 lbs   2.7L is 4-5K lbs

The battery in the EREV Lightning won't be near as big as the BEV Lightning.  Probably 1/3 to 1/2 the kWh capacity.  You need to have 100-150 miles of battery range in an EREV instead of 300+.  I don't know the weights, but I would think an EREV F150 won't way much more than a hybrid F150.  There will be no transmission and the engine will be smaller, but you will have the generator.

I've got 11.7kW on my detached garage.

To be honest, the automotive press has been completely fucking this up with misreporting.   Another link someone shared from Road and Track I think, identified the "affordable" products coming from the Americas, when Ford's press release stated it was being built in the USA. Details matter.    That is why I'm sharing the links directly from Ford, so people can interpret/infer the information directly vs getting it filtered by someone else and their biases they might have. 

Indeed, I think there’s a quick drop off as battery size and cost increases. According to Farley, hybrid is 30% of F150 sales