Biden Pushes EV Plans With a Sneak Peek at Battery-Powered F-150

President Joe Biden’s highlighted his $174 billion proposal to transform the automobile industry in a visit to a Ford Motor Co. plant in Michigan on Tuesday, even as a global chip shortage hinders production.

Biden got a sneak peek at the F-150 Lightning -- an all-electric version of the pickup that has been the best-selling vehicle in the U.S. since the Reagan administration -- during his visit to Ford’s new Rouge Electric Vehicle Center in Dearborn.

Ford has heralded the new model, which is to go on sale next year, as a turning point in the electric-vehicle revolution. The ...