Does a 2001 ford f150 key have a chip?

The 2001 Ford F-150's key is equipped with a computer or transponder chip for security purposes. The chip is unique to the vehicle's VIN and ignition and another key will be unable to start the vehicle, unless first progRammed. In addition, if replacing the ignition, note that any existing keys will either need to be replaced or re-progRammed to pair with the replacement ignition's chip. To progRam a second key with Your F-150's transponder, insert the factory fob into the ignition and switch to the "on" and then "off" positions without firing the truck. Perform this step within one second. Within 5 seconds insert the second fob and turn it to the "on" and "off" positions as well. After these steps, the truck's "theft indicator" light should flash three times and power off to indicate progRamming has been successful.